Banca Naţională a României

On September 30^th 2009, National Bank of Romania’s foreign exchange reserves stood at EUR 28,339 million, compared to EUR 27,743 million on August 31^st 2009.

During the month, the following transactions have taken place:

• EUR 2,577 million worth of inflows, representing the second tranche of the stand-by agreement with the IMF, changes in the foreign exchange reserve requirements of the credit institutions, the increase of Romania’s share of the allocation of SDRs made by the IMF, inflows in the Ministry of Public Finances’ accounts, income from the management of foreign exchange reserves, a.s.o.;
• EUR 1,981 million outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on public and publicly guaranteed external debt, payments from the European Commission’s account held at NBR, the impact of the US dollar depreciation versus euro, amplified by the USD’s share in the foreign exchange reserves, a.s.o..

The gold stock has held steady at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 2,276 million.

The international reserves of Romania (foreign currencies and gold) on September 30^th, 2009 stood at EUR 30,615 million, compared to EUR 29,950 million on August 31^st , 2009.

During the month of October 2009, the payments due on public and publicly guaranteed external debt amount to EUR 87 million.