Foreign exchange reserves of BNR, up by 189 million euros on August 31

The foreign exchange reserves of the National Bank of Romania (BNR, the central bank) stood at 29.341 billion euros on August 31, up by 189 million euros from 29.152 billion euros at end-July, according to data released on Tuesday. 

In August, the central bank saw inflows of 654 million euros from changes in the foreign exchange reserve requirements for the credit institutions, inflows into the Ministry of Public Finances' accounts, inflows into the European Commission's account, etc., and outflows of 465 million euros owed to changes in the foreign exchange reserve requirements for the credit institutions, interest and principal payments on foreign currency public debt, etc. 

BNR's gold stock remained unchanged at 103.7 tonnes; following the change in the international price of gold, however, its value amounted to 3.328 billion euros. 

Therefore, Romania's international reserves (foreign currencies and gold) stood on August 31 at 32.699 billion euros, up from 32.438 billion euros on July 31. 

Payments due in September on public and publicly guaranteed foreign currency-denominated debt amount to approximately 349 million euros.

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