The foreign exchange reserves of the National Bank of Romania (BNR) ended last year at EUR 31.2 bln, EUR 2 bln less than at the end of 2011, but slightly up from November 2012, when they stood at EUR 31.16 bln. At the end of 2011, BNR’s foreign exchange reserves amounted to EUR 33.2 bln. In December last year, the Central Bank posted cash inflows worth EUR 2.132 bln, reads a press release issued by BNR. Outflows stood at EUR 2.093 bln, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt, including the amount of EUR equivalent 252.05 M representing the payment of the third principal installment and interest on Romania’s loan from the International Monetary Fund. The gold stock held steady at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 4.207 bln. The international reserves of Romania (foreign currencies and gold) on December 31, 2012 stood at EUR 35.413 bln, compared to EUR 35.594 bln on November 29, 2012. During the month of January 2013 the payments due on public and publicly guaranteed foreign currency denominated debt amount to EUR 135.07 M.