NBR's International Reserves in March 2008
01.04.2008
At end-March 2008, foreign exchange reserves of the National Bank of Romania stood at EUR 25,157 million.
The EUR 84 million decline recorded in the reported month was due to the following:
- EUR 2,463.3 million worth of inflows representing the funds deposited in the account of the European Commission, the change in the foreign-exchange reserve requirements of credit institutions, incomes from international reserve management, a.s.o.
- EUR 2,547.3 million worth of outflows consisting in principal repayments and interest payments on public and publicly guaranteed external debt, the change in foreign-exchange reserve requirements of commercial banks, a.s.o.
The gold stock remained at 103.7 tonnes. However, following the developments in the world price of gold, its value dropped to EUR 1,976.69 million, taking the international reserves of the National Bank of Romania (foreign currencies and gold) to EUR 27.13 billion.
Payments due on public and publicly guaranteed external debt amount to EUR 42 million in April 2008.