NBR's International Reserves in October 2005
02.11.2005
At end-October 2005, foreign exchange reserves of the National Bank of Romania came in at EUR 16,696.8 million.
The EUR 49.6 million rise in October 2005 was due to the following:
- EUR 627.9 million worth of inflows resulting from purchases by the central bank on the forex market, privatisation proceeds, incomes from international reserve management, the change in foreign-exchange reserve requirements of commercial banks, surrenders to official forex reserves, a. s. o.
- EUR 578.3 million worth of outflows consisting of principal repayments and interest payments on external public and publicly guaranteed debt, the change in foreign-exchange reserve requirements of commercial banks, membership quotas, bank commissions, a. s.o.
The gold stock stood flat at 105 tonnes, yet following the developments in the world price of gold its value decreased to EUR 1,321.7 million, causing the international reserves of the National Bank of Romania (foreign currency and gold) to exceed EUR 18.01 billion.
By end-2005, payments due on external public and publicly guaranteed debt amount to EUR 497 million.