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Romanian C-bank FX Reserves Up to 27.318 Bln Euro at End-Oct

Nov 3, 2008, 1:48:36 PMArticle by Sabina Kotova
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November 3 (SeeNews) - The foreign exchange reserves held by Romania's central bank, excluding gold, totalled 27.318 billion euro ($35.1 billion) at the end of October, up by a net 1.3 billion euro from a month earlier, the central bank said on Monday.

Romanian C-bank FX Reserves Up to 27.318 Bln Euro at End-Oct

Foreign exchange inflows in October totalled 4.402 billion euro, including commercial banks' reserves and mandatory provisions. Outflows to foreign debt servicing and other payments totalled 3.105 billion euro last month.

The central bank's gold reserves remained unchanged in October from a month earlier, at 103.7 tonnes. The reserves are worth 1.908 billion euro at current international gold prices.

Romania is due to pay 57 million euro on its foreign debt in November.

($ = 0.7782 euro)

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