NBR's International Reserves in January 2005
02.02.2005
At end-January 2005, foreign exchange reserves of the National Bank of Romania ran at EUR 11,268.9 million.
The EUR 430.4 million rise in January was due to the following:
- EUR 212.3 million worth of purchases by the central bank off the forex market;
- EUR 36.7 million worth of incomes from international reserve management;
- " EUR 30.8 million worth of principal repayments and interest payments on external public debt, direct and bearing the guarantee of the Ministry of Public Finance;
- " EUR 212.2 million in other net inflows (change in the foreign-exchange required reserves deposited by commercial banks, surrenders to official forex reserves, bank fees and commissions, membership quotas, 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 1,102.2 million, taking the international reserves of the National Bank of Romania (foreign currency and gold) to over EUR 12.37 billion.
By end-2005, payments due on external public debt, direct and bearing the guarantee of the Ministry of Public Finance, amount to EUR 1,328 million.