On April 30, 2024, the foreign exchange reserves at the National Bank of Romania stood at €62.5 billion, compared to €64.2 billion on March 31, 2024, as announced by the Central Bank on Thursday. This decrease occurred due to the redemption of the euro-denominated bonds issued by the Ministry of Finance, amounting to approximately €1.49 billion, during the month of April.
“During the month, the following flows were recorded:
EUR 1,338 million worth of inflows representing: changes in credit institutions’ foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance’s accounts; inflows into the European Commission’s account and other;
EUR 3,106 million worth of outflows representing: changes in credit institutions’ foreign currency-denominated required reserves with the NBR; interest payments and principal repayments on foreign currency public debt (including the repayment of the Ministry of Finance’s EUR-denominated bond issue in amount of approximately EUR 1,492 million) and other,” BNR informed.
According to the central bank, the national gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 7,189 million.
On 30 April 2024, Romania’s international reserves (foreign currencies and gold) stood at EUR 69,700 million, compared to EUR 71,177 million on 31 March 2024.
During May 2024, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 148 million.
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