Banca Naţională a României

On July 31^st 2011, National Bank of Romania’s foreign exchange reserves stood at EUR 32,680 million, compared to EUR 34,402 million on June 30^th 2011.

During the month, the following flows have taken place:

• EUR 1,372 million inflows, representing changes in the Ministry of Public Finances’ accounts, changes in the foreign exchange reserve requirements of the credit institutions, income from the management of foreign exchange reserves, a.s.o.;
• EUR 3,094 million outflows, representing interest and principal payments on foreign currency public debt (including the amount of EUR 2.6 billion pertaining to the reimbursement of the euro denominated internal public debt), changes in the foreign exchange reserve requirements of the credit institutions, outflows from the European Commission’s account, 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 3,767 million.

The international reserves of Romania (foreign currencies and gold) on July 31^st 2011 stood at EUR 36,447 million, compared to EUR 37,873 million on June 30^th 2011.

During the month of August 2011, the payments due on public and publicly guaranteed foreign currency denominated debt amount to EUR 205 million.