NBR's International Reserves in September 2002
02.10.2002
At
end-September 2002, NBR's foreign exchange reserves amounted to USD 5,614.1 million (EUR 5,708.3 million).
The USD 68.9 million increase in September 2002 resulted from the following operations:
- USD 109.4 million borrowings from the IMF under the stand-by arrangement;
- USD 56.7 million net purchases of the central bank from the forex market;
- USD 19.4 million incomes from international reserve management;
- USD 81.9 million repayments and payment of interest falling due on external public debt, direct and bearing the sovereign guarantee of the Ministry of Public Finance;
- USD 60.3 million redemptions of foreign exchange government securities launched by the Ministry of Public Finance on the domestic market; and
- USD 25.6 million other net inflows (changes in the foreign exchange required reserves set up by commercial banks, surrender of foreign exchange to official reserves, bank commissions, quotas, a. s. o.).
The gold stock increased to 105.3 tons, and following the developments in the world price of gold, its value rose to USD 1,091.2 million, leaving the NBR's international reserves (gold included) at over USD 6.7 billion (over EUR 6.8 billion).
The payments on external public debt, direct and bearing the sovereign guarantee of the Ministry of Public Finance due by the end of 2002 run at USD 414 million.