NBR's International Reserves in July 2002
01.08.2002
At
end-July 2002, NBR's foreign exchange reserves amounted to USD 5,228.1 million (EUR 5,338.1 million).
The USD 194.7 million increase in July 2002 resulted from the following operations:
- USD 239.7 million net purchases of the central bank from the forex market;
- USD 20 million incomes from international reserve management;
- USD 78.1 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 13.1 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 further stood at 105.2 tons, but following the developments in the world price of gold, its value decreased to USD 1,033.8 million, leaving the NBR's international reserves (gold included) at over USD 6.2 billion (over EUR 6.3 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 578 million.