Exchange Rate in Serbia

Serbia Exchange Rate (aop) | Economic News & Forecasts

Serbia - Exchange Rate (average of period)

Economic momentum ebbed notably in the first quarter of the year. While details of the GDP print are not yet available, the slowdown was likely due to weaker fixed investment and meager industrial production, which fell in March after a brief rebound in February. Turning to Q2, growth will likely remain subdued amid a weakening Eurozone and ongoing political turmoil at home and abroad. Widespread anti-government protests and calls for snap elections persisted in April; moreover, although Germany and France recently increased pressure on Serbia and Kosovo to come to a final agreement, renewed negotiations are unlikely to lead to a definitive deal any time soon. On a brighter note, Fitch Ratings affirmed its BB credit rating and stable outlook for Serbia on 3 May, commending the country’s efforts in strengthening macroeconomic fundamentals, reducing public debt and engaging in IMF-backed reforms.

Serbia - Exchange Rate (aop) Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD, aop)85.17  88.54  118.9  111.3  117.5  

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Serbia Exchange Rate (aop) Chart

Serbia Exchange Rate
Note: Exchange Rate (vs USD, aop)

Serbia Facts

Bond Yield3.850.0 %May 13
Exchange Rate115.1-0.31 %May 13
Stock Market1,577-0.44 %May 13

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