Banca Naţională a României

On May 31^st 2011, National Bank of Romania’s foreign exchange reserves stood at EUR 32,707 million, compared to EUR 32,073 million on April 30^th 2011.

During the month, the following flows have taken place:

• EUR 1,868 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission’s account, inflows into the Ministry of Public Finances’ accounts, income from the management of foreign exchange reserves, as well as the appreciation of the U.S. dollar and pound sterling against the euro with the impact of increasing the market value of the share of foreign reserves denominated in these two currencies;
• EUR 1,234 million outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on public and publicly guaranteed external debt, a.s.o.

The gold stock has held steady at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 3,555 million.

The international reserves of Romania (foreign currencies and gold) on May 31^st 2011 stood at EUR 36,262 million, compared to EUR 35,513 million on April 30^th 2011.

During the month of June 2011, the payments due on public and publicly guaranteed external debt amount to EUR 128 million.