NBR's International Reserves in August 2006
04.09.2006
At end-August 2006, foreign exchange reserves of the National Bank of Romania ran at EUR 18,527.1 million.
The EUR 246 million increase in the reported month was due to the following:
- EUR 490.8 million worth of inflows consisting in incomes from international reserve management, the change in the foreign-exchange reserve requirements of commercial banks, surrenders to official foreign exchange reserves, a.s.o.;
- EUR 244.8 million worth of outflows representing principal repayments and interest payments on public and publicly guaranteed external debt, the change in foreign-exchange reserve requirements of commercial banks, bank commissions, a.s.o.
The gold stock equalled 104.7 tonnes. As a result of the developments in the world price of gold, the value of the gold stock fell to EUR 1,639.2 million. Therefore, the international reserves of the National Bank of Romania (foreign exchange and gold) topped EUR 20.16 billion.
By the end of 2006, payments due on public and publicly guaranteed external debt amount to EUR 271 million.