National Bank of Romania (BNR)’s foreign exchange reserves stood at EUR 33,494 million on end-December 2017, compared to EUR 33,062 million on November 30, 2017 and EUR 34,242 million on end-December 2016, a press release informs.
EUR 2,424 million worth of inflows were recorded during the month under review, representing changes in credit institutions’ foreign currency-denominated required reserves, inflows into the Ministry of Public Finance’s accounts, inflows into the European Commission’s account (EUR 1,045 million) and other.
At the same time, EUR 1,992 million worth of outflows occurred in the last month of 2017, representing changes in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt, and other external obligations in foreign currencies (including the payment by the Ministry of National Defence in amount of USD 766 million related to the HSAM endowment programme) and other.
Central bank reveals also that the gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 3,612 million.
On 31 December 2017, Romania’s international reserves (foreign currencies and gold) stood at EUR 37,106 million, compared to EUR 36,705 million on 30 November 2017 and EUR 37,905 million on 31 December 2016.
During January 2018, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 122 million.