NBR's International Reserves in April 2002
08.05.2002
At
end-April 2002, NBR's foreign exchange reserves amounted to USD 4,309.8 million (EUR 4,780.7 million).
The USD 223.6 million increase in April 2002 stemmed from the following operations:
- USD 264.8 million purchases of the central bank from the forex market;
- USD 16.9 million surrenders (from privatisation included) to official reserves;
- USD 10.9 million incomes from international reserve management;
- USD 105.9 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 115.7 million redemption of foreign-exchange denominated government securities launched by the Ministry of Public Finance on the domestic market;
- USD 152.6 million other net inflows (changes in the foreign exchange required reserves set up by commercial banks, bank commissions, quotas, a. s. o.).
The gold stock further stood at 105.2 tons, its value rising to USD 1,046.5 million following the developments in the international price of gold, leaving the NBR's international reserves (foreign exchange and gold) at more than USD 5.3 billion (over EUR 5.9 billion).
The payments on external debt, direct and guaranteed by the Ministry of Public Finance due in 2002 run at USD 1,353 million.