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BELGRADE: Serbia's central bank purchased an unspecified quantity of euros on the interbank market on Wednesday to stem gains of the dinar, dealers said.

The bank which keeps dinar in a managed float on the foreign currency market, stepped in as the dinar traded at the rate of 117.93 to the euro. After the intervention the dinar weakened to the rate of 118.15.

 

Copyright Reuters, 2018

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