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Romania’s Central Bank FX reserves fall to €39.3bln in November

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The National Bank of Romania announced on Thursday that its foreign exchange reserves, excluding 103.6 tonnes of gold, fell by €560mln to €39.3bln at the end of November, according to a press release. 

Inflows were €2.049bln including changes in credit institutions’ foreign currency-denominated required reserves and inflows into the finance ministry’s accounts.

Outflows were €2.609bln and included changes in credit institutions’ foreign currency-denominated required reserves and interest payments and principal repayments on foreign currency public debt.

The Central Bank said payments to service external public and publicly guaranteed foreign currency debt amounted to €216mln in December.