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Central bank’s forex reserves, in a slight increase in August

The National Bank of Romania (BNR)’s foreign exchange reserves stood at EUR 32,968 million at end-August, compared to EUR 32,659 million on July, an increase of 0.94 percent, a press release informs on Thursday.

During the month, EUR 790 million inflows have taken place, representing inflows into the European Commission’s account (EUR 621 million), changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ a.s.o.

At the same time, EUR 491 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 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 3,930 million.

The international reserves of Romania (foreign currencies and gold) on August 2016 stood at EUR 36,898 million, compared to EUR 36,663 million on the previous month.

During September 2016, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 207 million.

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