The National Bank of Romania (BNR)’s foreign exchange reserves stood at EUR 34,955 million at end-August, up by 0.92 percent compared to EUR 34,636 million month-on-month, as a press release informs.
During the month, EUR 1,569 million inflows have taken place, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ accounts (including the amount of EUR 500 million from an agreement with the World Bank), inflows into the European Commission’s account of EUR 450 million and a.s.o..
At the same time EUR 1,250 million outflows have 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, the impact of the euro appreciation against some of the currencies held within the foreign reserves (U.S dollar, pound sterling, Japanese yen, canadian dollar, australian dollar, Swiss franc) and 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 3,665 million.
The international reserves of Romania (foreign currencies and gold) on August 31 stood at EUR 38,620 million, compared to EUR 38,238 million on end-July.
During this September, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 1,384 million.