Romania’s Central Bank reserves up EUR 203 million in April

Newsroom 03/05/2013 | 05:53

The foreign currency reserves of Romania’s Central Bank went up EUR 203 million in April, bringing the total up to EUR 32,411 million. In March of this year the reserves stood at EUR 32,208 million.

Inflows amounting to EUR 924 million went in, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ accounts and inflows into the European Commission’s account. Outflows stood at EUR 721 million, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt.

The gold stock held steady at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 3,755 million.

The international reserves of Romania (foreign currencies and gold) at the end of April stood at EUR 36,166 million, compared to EUR 36,386 million at the end of March.

The payments due this May on public and publicly guaranteed foreign currency denominated debt amount to EUR 1.170 million.