NBR's International Reserves in December 2007
04.01.2008
At end-December 2007, foreign exchange reserves of the National Bank of Romania amounted to EUR 25,307 million.
The EUR 134 million decline recorded at the end of the reported month owed to the following:
- EUR 268.1 million worth of inflows representing the change in the foreign-exchange reserve requirements of commercial banks, incomes from international reserve management, a.s.o.
- EUR 402.1 million worth of outflows consisting in principal repayments and interest payments on public and publicly guaranteed external debt, payments to the account of the European Commission, the change in foreign-exchange reserve requirements of commercial banks, a.s.o.
The gold stock stayed at 103.7 tonnes. However, following the developments in the world price of gold, its value surged to EUR 1,879.54 million; as a result, the international reserves of the National Bank of Romania (foreign exchange and gold) stood at EUR 27.19 billion.
In 2008, payments due on public and publicly guaranteed external debt amount to EUR 1,837.45 million.