Banca Naţională a României

On June 30^th 2011, National Bank of Romania’s foreign exchange reserves stood at EUR 34,402 million, compared to EUR 32,707 million on May 31^st 2011.

During the month, the following flows have taken place:

• EUR 2,460 million inflows, representing changes in the Ministry of Public Finances’ accounts, inflows into the European Commission’s account (including the amount of EUR 1,496 million resulted from the issuance of euro denominated bonds by the Ministry of Public Finances on the foreign market), changes in the foreign exchange reserve requirements of the credit institutions, income from the management of foreign exchange reserves, a.s.o.;
• EUR 765 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, 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 3,471 million.

The international reserves of Romania (foreign currencies and gold) on June 30^th 2011 stood at EUR 37,873 million, compared to EUR 36,262 million on May 31^st 2011.

During the month of July 2011, the payments due on public and publicly guaranteed external debt amount to EUR 2,649 million.