Romania: Romania's foreign currency reserves grow to 32.46 bln euros

March 1, 2010

Romania's foreign currency reserves grow to 32.46 bln euros
Mar 1, 2010

Romania's foreign currency reserves grow to 32.46 bln euros.
Bucharest, March 1 /Agerpres/ - Romania's foreign currency reserves grew to 32.46 billion euros on Feb. 28, compared to 30.62 billion euros on Jan. 31, 2010, following the transfer of tranches three and four by the International Monetary Fund (IMF) into Romania's National Bank (BNR) account.

On Feb. 28, 2010 BNR foreign currency reserves stood at 29.73 billion euros from 28.03 billion euros on Jan. 31, 2010.

'Inflows totalled 3.002 billion euros, representing the third and fourth tranches afferent to the Stand-By Agreement, the modification of the banks' minimum mandatory foreign currency reserves, transfers into the accounts of Romania's Ministry of Public Finance, revenues from administering international reserves and others. Outflows of 1.30 billion euros were generated by the change of the minimum foreign currency reserves mandatory for the credit institutions, installments and interest payments for the public debt, but also payments from the account of the European Commission, etc.', BNR informs in a release remitted AGERPRES on Monday.

The gold reserve idled at 103.7 tons, but the evolution of international prices increased its value to 2.72 billion euros.

Romania's international reserves - foreign currency and gold - stood on Feb. 28, 2010 at 32.465 billion euros from 30.623 billion euros on Jan. 31, 2010.

Due payments in March 2010 on the account of the foreign public debt, direct or guaranteed by MFP, amount at 80 million euros. AGERPRES
[Read the article in ]

SEE ALSO IN ROMANIAN NEWSPAPERS

Europe cold snap claims more than 260 lives Death toll from deep freeze rises... a woman looks out of a window covered in frost on a bus in Bucharest, Romania.

PHOTOS: Europe paralyzed by snow, ice Nuns take pictures in the snow covered St. Peter's square at the Vatican, Feb. 4. People used government shovels to clear piazzas and children enjoyed another day off school as Rome awoke to about 10 cm of fresh snow.

Nigel Kennedy to give another concert in Romania this spring British violinist NigelA KennedyA will hold a concert A at Sala Palatului in Bucharest,A Monday, April 2, 2012 starting at 19:00. This is not the artist's first visit to Romania.A Kennedy playedA in Bucharest in 2011A withA the RomanianA pan pipe playerA DamianA Draghici inA a concertA calledA (...)

Romanian song of the week: ‘Insomniac' by C.I.A. feat Ciprian This week’s recommendation is dedicated to people who have trouble sleeping. It’s a hip-hop song called ‘Insomniac’ and is performed by Romanian band C.I.A. The beginning of the song – which,...

Foreigners crowd to learn Romanian in Lisbon Portuguese, Italian, English and Dutch who live in Lisbon recently showed an increasing interest in learning Romanian. The spring semester of the Romanian language courses organized by the Romanian...

Spanish Flamenco legend Angel Muà�oz dances in Romania this spring Spanish Flamenco dancer Angel Muñoz will hold two shows on Romanian soil, on March 13, 2012, at Sala Palatului in Bucharest, and March 14, 2012, at the Banat Philharmonic in Timisoara. Both shows...

Nigel Kennedy to give another concert in Romania this spring British violinist Nigel Kennedy will hold a concert at Sala Palatului in Bucharest, Monday, April 2, 2012 starting at 19:00. This is not the artist’s first visit to Romania. Kennedy played in...