BNR’s forex reserves reach 29.54 billion euros
During the month, the reserves recorded the following developments:
There were 4,243 million euros worth of inflows, representing changes in the foreign exchange reserve requirements of credit institutions, loans taken by the Ministry of Public Finances, income from the management of foreign exchange reserves, and others.
There were 3,383 million worth of outflows, representing changes in the level of the foreign exchange reserve requirements of credit institutions, interest and principal payments on public and publicly guaranteed external debt and payments from the European Commission’s account held at BNR.
The gold stock held steady at 103.7 tones, going down in value to 2,214 million euros as a result of changes in the international price of gold.
During the month of August 2009, payments due on public and publicly guaranteed external debt amounted to 85 million euros.