Banca Naţională a României

On December 31^st 2010, National Bank of Romania’s foreign exchange reserves stood at EUR 32,432 million, compared to EUR 32,800 million on November 30^th 2010.

During the month, the following flows have taken place:

• EUR 821 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission’s account, changes in the Ministry of Public Finances’ accounts, income from the management of foreign exchange reserves, a.s.o.
• EUR 1,189 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, as well as the depreciation of the U.S. dollar and pound sterling against the euro with impact on diminishing the market value of the share of foreign reserves denominated in these currencies.

The gold stock has held steady at 103.7 tones. However, following the change in the international price of gold, its value amounted to EUR 3,518 million.

The international reserves of Romania (foreign currencies and gold) on December 31st 2010 stood at EUR 35,950 million, compared to EUR 36,322 million on November 30th 2010.

During the month of January 2011, the payments due on public and publicly guaranteed external debt amount to EUR 139.8 million.