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BUCHAREST (Romania), February 13 (SeeNews) - Romania's foreign debt rose to 93.954 billion euro ($116 billion) at the end of 2017 from 92.91 billion euro a year earlier, the central bank, BNR, said on Tuesday.
The end-2017 figure includes 68.754 billion euro in long-term foreign debt, down from 69.645 at the end of 2016, BNR said in its 2017 balance of payments report, citing provisional data.
Short-term external debt amounted to 25.200 billion euro at end-2017, or 26.8% of total external debt, up 8.3% year-on-year.
Long-term external debt service ratio fell to 20.4% at the end of 2017 from 30% at end-2016.
The ratio of BNR’s foreign exchange reserves to short-term external debt by remaining maturity was 86.4% at end-2017, down from 90.5% at end-2016.
The cover of imports of goods and services decreased to 5.4 months at end-2017 from 6.3 months at end-2016.
Details follow (in billions of euro):
|Total external debt||93.954||92.910|
|- long-term external debt||68.754||69.645|
|- short-term external debt||25.200||23.265|