2/4  BIS central bankers' speeches  These steady inflows of foreign exchange helped raise gross international reserves (GIR) to an all-time high of $ billion in September 2019, providing ample external liquidity buffer. At this level, the GIR can cover up to 7.5 months’ worth of imports of goods and payments of services and primary income.
*  *  *  Ladies and gentlemen, Allow me to greet you on behalf of the National Bank of Serbia on the occasion of the annual meeting on payment cards organized by the Serbian Chamber of Commerce.