NBR's International Reserves in March 2005
04.04.2005
At end-March 2005, foreign exchange reserves of the National Bank of Romania ran at EUR 12,562.3 million.
The EUR 554.6 million increase in March 2005 was due to the following:
- EUR 933.9. million worth of inflows resulting from purchases by the central bank off the forex market, incomes from international reserve management, changes in the foreign-exchange reserve requirements of commercial banks, surrenders to official forex reserves, a. s. o.
- EUR 379.3 million worth of outflows consisting of principal repayments and interest payments on external public and publicly guaranteed debt, change in the foreign-exchange reserve requirements of commercial banks, membership quotas, 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 rose to EUR 1,114.4 million, taking the international reserves of the National Bank of Romania (foreign currency and gold) to over EUR 13.67 billion.
By end-2005, payments due on external public and publicly guaranteed debt amount to EUR 1,196 million.