International reserves - March2020
On 31March 2020, the National Bank of Romania’s foreign exchange reserves stood at EUR 34,123 million, compared to EUR35,830 million on 29 February 2020.
During the month, the following flows were recorded:
• EUR 3,252 million worth ofinflows representing changes in credit institutions’foreign currency-denominate drequired reserves, inflows into the Ministry of Public Finance’s accounts, inflows into the European Commission’s accountand other;
• EUR 4,959 million worth of outflows representing the reduction in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt, and other.
The interval 24 February -23March 2020 is the maintenance period whenthe decision of the National Bank of Romania’s Board to cut the minimum reserve requirement ratio on foreign currency-denominated liabilities of credit institutions to6 percent from 8 percentstarts to be implemented.
The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 4,883million.
On31March2020,Romania’sinternational reserves (foreign currencies and gold) stood at EUR 39,006million, compared to EUR 40,752 million on 29February2020.
During April2020, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 250million.
The series of indicators (available from April 2005) can be accessed in different formats (html, xls, xml and csv) in the interactive database at:http://www.bnr.ro/Interactive-database-1107.aspx.
The next press release on international reserves will be issued on 4May2020.See the release calendar at:http://www.bnr.ro/News-calendar-3204.aspx.
Press release archive: http://www.bnr.ro/Press-Releases---International-Reserves-4153.aspx.