NBR's International Reserves in May 2005
02.06.2005
At end-May 2005, foreign exchange reserves of the National Bank of Romania came in at EUR 13,236.2 million.
The EUR 338.8 million rise in May 2005 was due to the following:
- EUR 689.6 million worth of inflows resulting from purchases by the central bank off the forex market, incomes from international reserve management, the change in the foreign-exchange reserve requirements of commercial banks, surrenders to official forex reserves, a. s. o.
- EUR 350.8 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, bank commissions, a.s.o.
The gold stock stood flat at 105 tonnes, but following the developments in the world price of gold its value increased to EUR 1,136.2 million, taking the international reserves of the National Bank of Romania (foreign currency and gold) to over EUR 14.37 billion.
By end-2005, payments due on external public and publicly guaranteed debt amount to EUR 1,001 million.