The National Bank of Romania's foreign exchange reserves as of the end of February amounted to $36.97 billion, a slight reduction from January's figure of $36.99 billion.
In February, the central bank’s foreign
exchange reserves experienced $434 million in inflows and $458 million in
outflows, according to a press release. Some of the currency movement in both directions was due to changes in
the credit institution requirements for foreign exchange reserve requirements. Inflows also featured currencies running into the Ministry of Public
Finance’s accounts, and outflows included foreign currency debt interest and
principal payments and European Commission account payments.
The bank’s complete international reserves,
including all foreign currencies and gold, stood at $41.2 billion, an increase
compared to $40.9 billion at the end of January. Although the country’s gold
stock was static at 103.7 tons, its value was $4.2 billion due to the
fluctuating price of gold on international markets.
In March, the bank expects to make payments
on public and publicly guaranteed foreign currency denominated debt of
approximately $110 million.
National Bank of Romania's foreign exchange reserves down slightly in February
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