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Romania's end-August foreign debt rises - table

Oct 14, 2020, 2:55:30 PMArticle by Nicoleta Banila
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October 14 (SeeNews) - Romania's foreign debt increased to 116.1 billion euro ($137 billion) at the end of August 2020 from 109.783 billion euro at the end of 2019, the central bank, BNR, said on Wednesday.

Romania's end-August foreign debt rises - table
Romania's foreign debt. (Author: SeeNews). License:all rights reserved.

The end-August figure includes 83 billion euro in long-term foreign debt, up from 74.319 billion euro at the end of 2019, BNR said in a monthly balance of payments report.

Long-term external debt service ratio fell to 17% in August, compared to 19.3% at end-2019.

Goods and services import cover stood at 5.8 months at end-August, up from 4.5 months at end-2019.

The ratio of the BNR’s foreign exchange reserves to short-term external debt by remaining maturity increased to 79.5% at end-August , from 68.8% at end-2019.

Details follow (in billions of euro):

Jan-August '20 end '19
Total external debt 116.122 109.783
- long-term external debt 83.073 74.319
- short-term external debt 33.049 35.464

($=0.8529 euro)

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