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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania’s foreign exchange reserves go up in April

The foreign exchange reserves held by Romania's National Bank (BNR) stood at EUR 38.3 bln at the end of April 2021, up 7.3% (EUR 2.6 bln) compared to the end of March, the central bank announced on May 4.

During April, revenues of EUR 4.17 billion were reported, including the amounts resulting from the Finance Ministry's EUR 3.5 bln Eurobond issues and transfers from the European Commission. There were also outflows of EUR 1.58 bln.

The gold reserve remained at 103.6 tons. Given the evolutions of international prices, its value stood at EUR 4.88 bln.

Romania's international reserves (currencies plus gold) on April 30, 2021, were EUR 43.18 bln, compared to EUR 40.497 bln on March 31, 2021.

Payments due in May 2021 on account of public debt denominated in foreign currency, direct or guaranteed by the Finance Ministry, amount to about EUR 222 mln.

andrei@romania-insider.com

(Photo source: Shutterstock)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania’s foreign exchange reserves go up in April

The foreign exchange reserves held by Romania's National Bank (BNR) stood at EUR 38.3 bln at the end of April 2021, up 7.3% (EUR 2.6 bln) compared to the end of March, the central bank announced on May 4.

During April, revenues of EUR 4.17 billion were reported, including the amounts resulting from the Finance Ministry's EUR 3.5 bln Eurobond issues and transfers from the European Commission. There were also outflows of EUR 1.58 bln.

The gold reserve remained at 103.6 tons. Given the evolutions of international prices, its value stood at EUR 4.88 bln.

Romania's international reserves (currencies plus gold) on April 30, 2021, were EUR 43.18 bln, compared to EUR 40.497 bln on March 31, 2021.

Payments due in May 2021 on account of public debt denominated in foreign currency, direct or guaranteed by the Finance Ministry, amount to about EUR 222 mln.

andrei@romania-insider.com

(Photo source: Shutterstock)

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