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Romanian c-bank FX reserves fall to 39.29 bln euro in Nov

Romanian c-bank FX reserves fall to 39.29 bln euro in Nov Romania FX reserves

BUCHAREST (Romania), December 2 (SeeNews) - The foreign exchange reserves held by Romania's central bank, excluding gold, totalled 39.283 billion euro ($44.499 billion) at the end of November, compared to 39.843 billion euro a month earlier, the central bank said on Thursday.

Foreign exchange inflows amounted to 2.049 billion euro representing changes in credit institutions’ foreign currency-denominated required reserves, inflows into the finance ministry and European Commission accounts and other, the bank said in a monthly statement.

Foreign exchange outflows totaled 2.609 billion euro, representing representing changes in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt and other.

The gold reserves of the central bank remained unchanged at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to 5.305 billion euro at the end of November.

The international reserves of Romania, including foreign currencies and gold, totalled 44.588 billion euro as of end-November compared to 44.984 billion euro a month earlier.

During December, the payments due on the foreign currency-denominated public and publicly guaranteed debt will amount to approximately 216 million euro.

($=0.8828 euro)

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