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Romania's foreign debt rises in Oct - table

Dec 14, 2022, 3:34:17 PMArticle by Razvan Timpescu
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December 14 (SeeNews) - Romania's gross foreign debt increased to 139.5 billion euro ($148.6 billion) at the end of October from 136.6 billion euro at the end of 2021, the central bank, BNR, said on Wednesday.

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

The end-October figure includes 95.3 billion euro in long-term foreign debt, down from 97.5 billion euro at the end of 2021, BNR said in a monthly balance of payments report.

Long-term external debt service ratio ran at 15.6% in October, compared to 17% at end-2021.

Goods and services import cover stood at 4.4 months at end-October, from 4.9 months at end-2021.

The ratio of the BNR’s foreign exchange reserves to short-term external debt by remaining maturity increased to 81.4% at end-October, from 79.4% at end-2021.

Details follow (in billions of euro):

end-October end-2021
Total external debt 97.146 136.585
-long-term external debt 95.307 97.544
-short-term external debt 44.163 39.041

Source: BNR

($=0.9386 euro)

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