NBR's International Reserves in November 2006
05.12.2006
At end-November 2006, foreign exchange reserves of the National Bank of Romania amounted to EUR 21,225.4 million.
The EUR 74.3 million increase in the month under review owed to the following:
- EUR 445.4 million worth of inflows comprising incomes from international reserve management, change in the foreign-exchange reserve requirements of commercial banks, surrenders to official forex reserves, a.s.o.;
- EUR 371.1 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, bank commissions, a.s.o.
The gold stock stayed at 104.7 tonnes. Following the developments in the world price of gold, its value rose to EUR 1,628.8 million; as a result, the international reserves of the National Bank of Romania (foreign exchange and gold) exceeded EUR 22.85 billion.
By end-2006, payments due on public and publicly guaranteed external debt amount to EUR 69 million.