The National Bank of Serbia published an update indicating that demand for foreign currency is easing and the exchange market is entering a phase of full normalisation following measures taken to preserve exchange market stability. Steps taken included ensuring that supply channels for authorised exchange offices continued to function smoothly amid higher demand for cash foreign currency and abolishing the possibility of charging a commission on euro sales to citizens, which the National Bank of Serbia said prevented the use of exchange rates not based on real market movements at individual exchange points. It reported that since 10 December demand has gradually declined, authorised exchange offices have recently recorded net purchases of cash foreign currency, and the average selling rate applied by exchange offices for cash sales to citizens has been falling day by day.
National Bank of Serbia 2025-12-23
National Bank of Serbia reports exchange market normalisation after measures including a ban on euro sale commissions
The National Bank of Serbia reports that foreign currency demand is easing, and the exchange market is normalizing after measures to stabilize it. These measures included maintaining supply channels for exchange offices and abolishing commissions on euro sales to prevent non-market-based exchange rates. Since December 10, demand has declined, with exchange offices recording net purchases and a daily drop in the average selling rate for cash sales.