Romanian C-bank FX Reserves Rise to 28.339 Bln Euro at End-Sept

Foreign exchange inflows in September totalled 2.58 billion euro, including the second tranche of the stand-by loan agreed with the international Monetary Fund (IMF), the increase of Romania’s share of the allocation of Special Drawing Rights made by the IMF, as well as commercial banks' reserves and mandatory provisions, the central bank said in a statement.

Outflows to foreign debt servicing and other payments totalled 1.98 billion euro last month.

In September the central bank's gold reserves remained unchanged from a month earlier, at 103.7 tonnes. The reserves are worth 2.276 billion euro at current international gold prices.

Romania is due to pay 87 million euro on its foreign debt in October.

($ = 0.6861 euro)