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BNR’s forex reserves fell by EUR 23 M in February

Romania’s foreign exchange reserves stood at EUR 34,495 million at end-February, compared to EUR 34,518 million on January 31st, 2017, National Bank of Romania (BNR) informs.

During the month, EUR 405 million inflows took place, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ accounts a.s.o.;

At the same month, EUR 428 million outflows occurred, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt, payments from the European Commission’s account a.s.o..

The gold stock remained unchanged at 103.7 tones. However, following the change in the international price of gold, its value amounted to EUR 3,940 million.

Central bank data also reveal that the international reserves of Romania (foreign currencies and gold) on February 28th, 2017 stood at EUR 38,435 million, compared to EUR 38,251 million on January 31st, 2017.

During March 2017, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 103 million.

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