Banca Naţională a României

On June 30^th 2014, the National Bank of Romania’s foreign exchange reserves stood at EUR 31,236 million, compared to EUR 30,681 million on May 31^st 2014.

During the month, the following flows have taken place:

• EUR 1,372 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 817 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. Regarding the interest and principal payments on the foreign currency public debt it includes the principal instalments on Romania’s loan from the International Monetary Fund (with the National Bank of Romania’s payments totalizing approximately EUR 230 million equivalent and the Ministry of Public Finances’ payments amounting to approximately EUR 122 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 3,206 million.

The international reserves of Romania (foreign currencies and gold) on June 30^th 2014 stood at EUR 34,442 million, compared to EUR 33,752 million on May 31^st 2014.

During the month of July 2014, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 404 million.