The forex reserves of the Romanian National Bank (BNR) decreased slightly in July, from 31.63 billion Euros to 31.58 billion Euros, amid inflows of 3.05 billion Euros, and exits of 3.1 billion Euros, according to data from the NBR. The bank"s reserves also dropped in May (397 million Euros) and in June (362 million Euros).
In July, the bank had inflows of EUR 3,054 million, representing the fifth tranche of the Stand-by agreement, changes in the Ministry of Public Finances" accounts, changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission"s account, income from the management of foreign exchange reserves, etc.;
EUR 3,101 million outflows, represented changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on public and publicly guaranteed external debt, etc.
* The gold stock has remained steady at 103.7 tons
Concurrently, the gold reserve remained steady at 103.7 tons, and its value reached 2.991 billion Euros, down from 3.372 billion Euros. at the end of the previous month, due to the change at the end of the previous month.
Romania"s international reserves (foreign currencies plus gold) stood at 34.571 billion Euros at the end of July, compared to 34.999 billion Euros at the end of June.
During the month of August 2010, the payments due on public and publicly guaranteed external debt amount to EUR 177 million.
Gabriela Căpăţînă (Translated by Cosmin Ghidoveanu)
The forex reserves of the Romanian National Bank (BNR) decreased slightly in July, from 31.63 billion Euros to 31.58 billion Euros, amid inflows of 3.05 billion Euros, and exits of 3.1 billion Euros, according to data from the NBR. The bank"s reserves also dropped in May (397 million Euros) and in June (362 million Euros).
In July,
