Banca Naţională a României

On February 28^th 2014, National Bank of Romania’s foreign exchange reserves stood at EUR 31,653 million, compared to EUR 32,913 million on January 31^st 2014.

During the month, the following flows have taken place:

• EUR 2,374 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 Finances’ accounts a.s.o.;
• EUR 3,634 million outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt a.s.o. Regarding the interest and principal payments on the foreign currency public debt it includes, mainly, the interest as well as the principal instalments on Romania’s loan from the International Monetary Fund, with the payments totalizing EUR 955 million equivalent.

The gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 3,207 million.

The international reserves of Romania (foreign currencies and gold) on February 28^th 2014 stood at EUR 34,860 million, compared to EUR 35,983 million on January 31^st 2014.

During the month of March 2014, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 490 million.