NBR's International Reserves in December 2001
04.01.2002
At year-end 2001, NBR's foreign exchange reserves reached USD 3,926.2 million (EUR 4,449.5 million).
The USD 313.6 million surge in December 2001 was the result of the following operations:
- USD 174.0 million net purchases of the central bank on the forex market;
- USD 100.0 million short-term NBR borrowings;
- USD 49.8 million inflows to official international reserves (including amounts from privatisations);
- USD 11.0 million inflows from international reserve management;
- USD 64.4 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 43.2 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 augmented to 105.2 tons, its value increasing to USD 938.7 million following the developments in the international price of gold, leaving the NBR's international reserves (foreign exchange and gold) at more than USD 4.8 billion (over EUR 5.5 billion).
The payments on external debt, direct and guaranteed by the Ministry of Public Finance due in 2002 run at USD 1,816 million.