The National Bank of Romania (NBR) announced on Monday that its foreign exchange reserves excluding gold totalled €39.843bln at the end of October 2021 compared to €41.216bln in the previous month, according to a press release.
That Central Bank stated that the foreign exchange inflows amounted to €599mln euro representing changes in credit institutions’ foreign currency-denominated required reserves, inflows into the Ministry of Finance and European Commission accounts and other.
“Foreign exchange outflows totalled €1.972bln, representing changes in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt and other,” added the NBR.
The gold reserves of the Central Bank remained unchanged at 103.6 tonnes, following the change in the international price of gold in which its value amounted to €5.141bln at the end of October.
The international reserves of Romania, including foreign currencies and gold, totalled €44.984bln as of end-October 2021, compared to €46.187bln a month earlier.
During November 2021, the payments due on the foreign currency-denominated public and publicly guaranteed debt will amount to approximately €83mln.