AcasăEurope NewsNational Bank of Romania forex reserves reach over 42,000 million euros in...

National Bank of Romania forex reserves reach over 42,000 million euros in August 2022

Published on

As of August 31, 2022, the foreign exchange reserves of the National Bank of Romania (BNR) stood at 42,851 million euros, compared with 42,768 million euros on 31 July 2022, according to the bank, writes Agerpres.

During the month, there were 2,878 million euros worth of inflows representing changes in credit institutions’ foreign currency-denominated required reserves with BNR; inflows into the Ministry of Finance’s accounts; inflows into the European Commission’s account and other.

At the same time, there were 2,795 million euros worth of outflows representing changes in credit institutions’ foreign currency-denominated required reserves with BNR; interest payments and principal repayments on foreign currency public debt and other.

The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to 5,714 million euros.

As of August 31, 2022, Romania’s international reserves (foreign currencies and gold) stood at 48,565 million euro, compared with 48,519 million euros on 31 July 2022.

In September 2022, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately 382 million euros.

Agerpres

Latest articles

Romania’s registered unemployment rate rises to 3.14 pct as of end-March 2024

Romania's registered unemployment rate as of end-March 2024 was 3.14 percent, up from 3.06...

Romania reaches 80 athletes qualified for Paris 2024, after Ebru Bolat secures ticket

Romania's delegation for the Olympic Games Paris 2024 (July 26-August 11) has reached 80...

Budget deficit, up to 2.06% of GDP, after first trimester

The budget deficit rose to 2.06% of the Gross Domestic Product after the first...

Mechanism regarding the European minimum wage starts on July 1, PM Ciolacu says

The mechanism regarding the implementation of the European minimum wage will start from July...

More like this

Romania’s registered unemployment rate rises to 3.14 pct as of end-March 2024

Romania's registered unemployment rate as of end-March 2024 was 3.14 percent, up from 3.06...

Romania reaches 80 athletes qualified for Paris 2024, after Ebru Bolat secures ticket

Romania's delegation for the Olympic Games Paris 2024 (July 26-August 11) has reached 80...

Budget deficit, up to 2.06% of GDP, after first trimester

The budget deficit rose to 2.06% of the Gross Domestic Product after the first...