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Romanian central bank reserves up more than six bln euros in IMF money

The international reserves of the National Bank of Romania (BNR) reached 29.161 billion euros at end-May, with the forex reserve going up 6.288 billion euros, which is the first instalment of the agreement signed with the International Monetary Fund, the BNR announced on Monday. The central bank reserves totaled 27.113 billion euros on this April 30.

'Remittances totaled 6,288 million euros representing the first instalment of the IMF standby agreement (4.37 billion SDR), the modification of the minimum forex reserves set up by the lending institutions, the money due to the European Commission' account, the revenues obtained from the management of the international reserves, operations in the inter-banking market and others,' the central bank said in a press release.

The gold reserve kept unchanged at 103.7 tonnes. It was worth 2,309 billion euros amid the developments seen by the international prices.

The payments due in this June to the foreign public debt - either direct debt or guaranteed by the Public Finance Ministry - total 146 million euros.

 

Sursa: http://www.actmedia.eu

Tags: euros billion central reserves bnr

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