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Central Bank’s hard currency reserves reach 25.238 billion euros

2 august 2008

Information in English

 
The hard currency reserves of Romania's Central Bank (BNR) stood at end July at 25.238 billion euros, up 323 million euros from the previous month, BNR said.
 
This evolution has been the result of operations such as inflows of 2.512 billion euros, representing a modification in the minimum hard-currency reserves of lending institutions, supply to the account of the European Commission, revenues from the administration of the international reserves, etc, and outflows worth 2.189 billion euros, representing a modification in the minimum hard currency reserves of lending institutions, payments of installments and interests related to the foreign public debt guaranteed by the state, payments to the European Commission and such like.
 
The gold reserve continued to stand at 103.7 tonnes, but because of the evolution in international prices, its value dropped to 1.946 billion euros, which makes the international reserves of Romania (hard currency plus gold) stand at 27.184 billion euros.
 
The payments which have to be paid this Aug. in the account of the foreign public public debt, direct or guaranteed by the Ministry of Economy and Finance, amount to 57 million euros.

 

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