October 14 (SeeNews) - Romania's foreign debt increased to 109 billion euro ($120 billion) at the end of August from 99.8 billion euro at the end of 2018, the central bank, BNR, said on Monday.
The end-August figure includes 74.3 billion euro in long-term foreign debt, up from 68.2 billion euro at the end of 2018, BNR said in a monthly balance of payments report.
Long-term external debt service ratio fell to 17.3% at end-August, compared to 22.6% at end-2018.
Goods and services import cover stood at 5.1 months at end-August, from 4.9 months at end-2018.
The ratio of the BNR’s foreign exchange reserves to short-term external debt by remaining maturity decreased to 76.4% at end-August, compared to 74.1% at end-2018.
Details follow (in billions of euro):
|
Jan-July'19 |
end-'18 |
Total external debt |
108.972 |
99.841 |
- long-term external debt |
74.342 |
68.286 |
- short-term external debt |
34.630 |
31.555 |
source: BNR
($=0.9061 euro)