BNR’s foreign exchange reserves marginal decrease over 2013

The National Bank of Romania’s foreign exchange reserves increased at the end of 2014 to 32.216 billion euro from 31.467 billion euro in November, while in 2013 they came to 32.525 billion euro.

Last month, BNR reported 2.17 billion euro inflows representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission’s account and into the Ministry of Public Finances’ accounts representing European funds and 1.43 billion euro outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt.

BNR announced that the gold stock remained unchanged at 103.7 tones, yet following the change in the international price of gold, its value stood at about 3.3 billion euro.

Hence, Romania’s international reserves (foreign currencies and gold) at the 2013 year-end amounted to 35.5 billion euro, compared to 34.6 billion on November 30th, 2014 and to 35.4 billion on December 31st, 2013.

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