FX reserves

Serbia FX reserves at €28.2bn as NBS manages dinar stability

Serbia’s foreign exchange reserves were €28.2bn at the end of April 2026, according to the National Bank of Serbia’s latest investor materials. The figure covered slightly less than seven months of goods and services imports and about 160% of M1 money supply. The reserve level provides room for the NBS to smooth volatility and respond to external shocks. Reserve coverage and gold share The reserve position is described as strong in regional terms, supporting confidence during periods of geopolitical or…