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National Bank of Romania’s foreign exchange reserves increased to EUR 33,387 million

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2012-03-01 15:11

On February 29th 2012, National Bank of Romania’s foreign exchange reserves stood at EUR 33,387 million, compared to EUR 32,696 million on January 31st 2012, said the bank in a press release.rnrnDuring the month, the following flows have taken place:rnrn- EUR 1,436 million inflows, representing inflows into the Ministry of Public Finances’ accounts (including the euro equivalent amount of EUR 1,123 million resulted from the issuance of bonds denominated in USD by the Ministry of Public Finances on the foreign market), the changes in the foreign exchange reserve requirements of the credit institutions, income from the management of foreign exchange reserves a.s.o.;rnrn- EUR 745 million outflows, representing outflows from the European Commission’s account, changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt, a.s.o. .rnrnThe gold stock has held steady at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 4,435 million.rnrnThe international reserves of Romania (foreign currencies and gold) on February 29th 2012 stood at EUR 37,822 million, compared to EUR 37,089 million on January 31st 2012.rnrnDuring the month of March 2012, the payments due on public and publicly guaranteed foreign currency denominated debt amount to EUR 139.5 million.

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