NBR's International Reserves in September 2005
04.10.2005
At end-September 2005, the NBR's foreign exchange reserves came in at EUR 16,647.2 million.
The EUR 214.7 million rise in September 2005 was due to the following:
- EUR 948.8 million worth of inflows from purchases by the central bank off the forex market, privatisation proceeds, incomes from international reserve management, change in the foreign-exchange reserve requirements of commercial banks, surrenders to official forex reserves, a.s.o.
- EUR 734.1 million worth of outflows consisting of principal repayments and interest payments on external public and publicly guaranteed debt, change in foreign-exchange reserve requirements of commercial banks, membership quotas, bank commissions, a.s.o.
The gold stock remained unchanged at 105 tonnes. Following the developments in the world price of gold, its value rose to EUR 1,327.1 million, taking the NBR's international reserves (foreign exchange and gold) to more than EUR 17.97 billion.
By end-2005, payments due on external public and publicly guaranteed debt amount to EUR 539 million.