NBR's International Reserves in June 2007
03.07.2007
At end-June 2007, foreign exchange reserves of the National Bank of Romania came in at EUR 22,000.4 million.
The EUR 62.1 million increase in the month under review owed to the following:
- EUR 691.9 million worth of inflows comprising incomes from international reserve management, change in the foreign-exchange reserve requirements of commercial banks, a.s.o.;
- EUR 629.8 million worth of outflows consisting in principal repayments and interest payments on public and publicly guaranteed external debt, the change in foreign-exchange reserve requirements of commercial banks, bank commissions, a.s.o.
The gold stock stayed at 104.7 tonnes. Following the developments in the world price of gold, its value dropped to EUR 1,620.4 million. As a result, the international reserves of the National Bank of Romania (foreign exchange and gold) ran at more than EUR 23.62 billion.
By end-2007, payments due on public and publicly guaranteed external debt amount to EUR 480 million.