NBR's International Reserves in January 2003
04.02.2003
At end-January 2003, NBR's foreign exchange reserves ran at USD 6,271.4 million (EUR 5,794 million).
The USD 126.9 million increase in January 2003 resulted from the following operations:
- USD 19.9 million incomes from international reserve management;
- USD 73 million repayments and payment of interest falling due on external public debt, direct and bearing the sovereign guarantee of the Ministry of Public Finance;
- USD 67.3 million purchases of the central bank on the forex market; and
- USD 247.3 million other net inflows (changes in the foreign exchange required reserves set up by commercial banks, surrenders to official reserves, bank commissions, quotas, a. s. o.).
The gold stock held steady at 105.3 tons, and following the developments in the world price of gold, its value rose to USD 1,254.2 million, leaving the NBR's international reserves (gold included) at over USD 7.5 billion (over EUR 6.9 billion).
Payments on external public debt, direct and bearing the sovereign guarantee of the Ministry of Public Finance due by end-2003 amount to USD 1,722 million.