Romania Forex Reserves Down By EUR1.7B In July

Romanian foreign exchange reserves fell by EUR1.7 billion to EUR32.68 billion in July from EUR34.4 billion a month earlier, because of foreign exchange payments of EUR2.6 billion, central bank data showed Monday. Foreign exchange inflows stood at EUR1.4 billion, while outflows reached EUR3.1 billion.

 

The central bank’s gold holdings were steady at 103.7 metric tons, but their value adjusted for international gold price rose to EUR3.76 billion, from EUR3.47 billion in May.

 

Romania's overall international reserves were at EUR36.4 billion in July, down from EUR37.8 billion a month earlier.

 

The payments due on public and publicly guaranteed external debt in August amount to EUR205 million, the data showed.