NBR's International Reserves in November 2002
02.12.2002
At
end-November 2002, NBR's foreign exchange reserves amounted to USD 5,983.6 million (EUR 6,023.4 million).
The USD 55.7 million decrease in November 2002 resulted from the following operations:
- USD 17.3 million incomes from international reserve management;
- USD 210.4 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 61.4 million net sales of the central bank on the forex market; and
- USD 198.8 million other net inflows (changes in the foreign exchange required reserves set up by commercial banks, surrender of foreign exchange to official reserves, bank commissions, quotas, a. s. o.).
The gold stock further stayed flat at 105.3 tons, and following the developments in the world price of gold, its value rose to USD 1,077.5 million, leaving the NBR's international reserves (gold included) at over USD 7 billion (over EUR 7.1 billion).
The payments on external public debt, direct and bearing the sovereign guarantee of the Ministry of Public Finance due by the end of 2002 total USD 193 million.