Banca Naţională a României

On December 31^st 2013, National Bank of Romania’s foreign exchange reserves stood at EUR 32,525 million, compared to EUR 32,414 million on November 30^th 2013.

During the month, the following flows have taken place:

• EUR 1,391 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 a.s.o.;
• EUR 1,280 million outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt a.s.o. The interest and principal payments on foreign currency public debt category includes the principal instalments on Romania’s loan from the International Monetary Fund (with the National Bank of Romania’s payments totalizing approximately EUR 228 million equivalent and the Ministry of Public Finances’ payments amounting to approximately EUR 120 million equivalent).

The gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 2,909 million.

The international reserves of Romania (foreign currencies and gold) on December 31^st 2013 stood at EUR 35,434 million, compared to EUR 35,466 million on November 30^th 2013.

During the month of January 2014, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 257 million.