Banca Naţională a României

On August 31^st 2014, National Bank of Romania’s foreign exchange reserves stood at EUR 30,875 million, compared to EUR 30,908 million on July 31^st 2014.

During the month, the following flows have taken place:

• EUR 1,128 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ accounts (including the amount resulted from the issuance of bonds on the domestic market of EUR 250 million nominal value), inflows into the European Commission’s account a.s.o.;
• EUR 1,161 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 interest as well as the principal instalments on Romania’s loan from the International Monetary Fund, with the payments totalizing EUR 321 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 3,254 million.

The international reserves of Romania (foreign currencies and gold) on August 31^st 2014 stood at EUR 34,129 million, compared to EUR 34,132 million on July 31^st 2014.

During the month of September 2014, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 579 million.