Bucharest - 05 October 2005 - The international reserves of Romania reached 17.97 billion euros at the end of September, of which the gold reserve represented 105 tones and valued 1.327 billion euros, ACT Media news agency reports.
Foreign currency reserves amounted to 16.647 billion euros on September 30.
The 214 million euro increase reported in September were the result of inflows of 948 million euros, accounting for purchases of the central bank from the exchange market, revenues from privatization, revenues from the administration of international reserves and modification of minimal reserves in foreign currency of the commercial banks.
Outflows totalized 734 million euros, representing payment of installments and interests for the direct public external debt, guaranteed by the Ministry of Public Finance, modification of minimal reserves in foreign currencies at commercial banks, payment of shares, bank commissions and others.
By the end of 2005, the failing due payments for the public external debt, guaranteed by the Ministry of Public Finance, totalize 539 million euros.
Source: reporter.gr |