FX reserves and gold go up in Romania's coffers after bonds issuance on US market

Foreign exchange reserves went up in February this year in Romania, to some EUR 33.3 billion, from EUR 32.6 billion at the end of January this year, according to data from the Romanian Central Bank (BNR). International reserves, including foreign currencies and gold, stood at EUR 37.8 billion, up from EUR 37 billion in January.

The country's coffers saw inflows of EUR 1.4 billion, including the equivalent of USD 1.1 billion from the issuance of bonds denominated in USD by the Ministry of Public Finances on the foreign market. The gold stock has held steady at 103.7 tonnes, but its value went slighlty to EUR 4.4 billion, from EUR 4.39 billion, following change in the international price of gold. Romania will have to pay EUR 139.5 million in March, on account of its public and publicly guaranteed foreign currency denominated debt. editor@romania-insider.com