NBR's International Reserves in November 2005
05.12.2005
At end-November 2005, forex reserve of the National Bank of Romania ran at EUR 16,732.6 million.
Behind the EUR 35.8 million rise in November 2005 stood the following:
- EUR 653.1 million worth of inflows resulting from incomes from international reserve management, the change in foreign exchange-denominated required reserves of commercial banks, surrenders to official forex reserves, a. s. o.;
- EUR 617.3 million worth of outflows consisting of principal repayment and interest payments on public and publicly guaranteed external debt, the change in foreign exchange-denominated required reserves of commercial banks, bank commissions, a. s.o.
The gold stock declined to 104.9 tonnes. Nevertheless, following the developments in the world price of gold, its value increased to EUR 1,418.4 million, taking the international reserves of the National Bank of Romania (foreign currency and gold) to more than EUR 18.15 billion.
By end-2005, payments due on public and publicly guaranteed external debt add up to EUR 94 million.