The foreign exchange reserves of the National Bank of Serbia have increased due to the jump in the price of gold on the international market. This does not mean that the country is richer. Even though it made money due to circumstances, the NBS still spends foreign exchange to defend the exchange rate
Due to the American sanctions on the NIS, towards the end of 2025, there was a rush to the euro, so the NBS had to defend the exchange rate of the dinar with larger interventions from foreign exchange reserves. What course is expected in 2026?
The NBS denies the writing of "Vremen" that certain banks have introduced a limit on the purchase of euros. "Vreme" stands behind the information it published, and the NBS, as a regulatory body, can verify it
Exchange offices have not been more crowded in years than this December, and the craze for euros is still smoldering. The reason is the uncertainty regarding the consequences that the Nisa sanctions may lead to. While the regime blames the people and the media for panicking, the reasons for the rush of people to foreign currency should primarily be sought in the irresponsible messages of Aleksandar Vučić and the Governor of the National Bank of Serbia, Jorgovanka Tabaković, to the public
The National Bank of Serbia has decided to abolish the allowed commission of one percent for exchange offices in order to avoid the "psychological effect" produced by the exchange rate of 120 dinars to the euro.
The selling rate of the euro in some exchange offices and banks has already broken through 120 dinars, and there is a fear of an additional increase among construction workers. However, the exchange rate cannot "run wild" indefinitely - unless the NBS changes it.
There is definitely a higher demand for euros in exchange offices, the Association of Exchangers of Serbia told Vreme. The reason is the uncertainty surrounding the NIS, but primarily the irresponsible messages of the President of Serbia, Aleksandar Vučić
