Banca Naţională a României

On August 31^st, 2012, the National Bank of Romania’s foreign exchange reserves stood at EUR 30,954 million, compared to EUR 32,141 million on July 31^st, 2012.

During the month, the following flows have taken place:

• EUR 1,142 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission’s account, inflows into the Ministry of Public Finance’s accounts, income from the management of foreign exchange reserves, a.s.o.;
• EUR 2,329 million outflows, representing interest and principal payments on foreign currency public debt (including the amount of EUR equivalent 728.62 million representing the payment of the first principal installment and interest on Romania’s Stand-by Arrangement with the International Monetary Fund on August 6th), changes in the foreign exchange reserve requirements of the credit institutions, 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 4,398 million.

The international reserves of Romania (foreign currencies and gold) on August 31^st, 2012 stood at EUR 35,352 million, compared to EUR 36,554 million on July 31^st, 2012.

During the month of September 2012, the payments due on public and publicly guaranteed foreign currency denominated debt amount to EUR 132.25 million.