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February 28, 2021
ECONOMY FINANCE&BANKING

BNR’s foreign exchange reserves reach 33,062 million euros in Nov. 2017

On November 30, 2017, the National Bank of Romania’s foreign exchange reserves stood at 33,062 million euros, compared with 33,932 million euros on October 31, 2017, according to a press statement released by the bank on Monday.

During the month, the following flows were recorded: 1,070 million euros worth of inflows in the form of changes in credit institutions’ foreign currency-denominated required reserves, inflows into the Ministry of Public Finance’s accounts, inflows into the European Commission’s account and other; 1,940 million euros worth of outflows in the form of changes in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt and others.

According to BNR, the gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value equalled 3,643 million euros.

On November 30, 2017, international reserves of Romania (foreign currencies and gold) stood at 36,705 million euros, compared with 37,581 million euros on October 31, 2017.

During December 2017, the payments due on public and publicly guaranteed foreign currency-denominated debt amount to approximately 107 million euros.

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