Romanian central bank FX reserves fall in June

Banking

The foreign exchange (FX) reserves held by Romania’s central bank, excluding gold, totaled EUR 35.002 billion at the end of June, down from EUR 35.646 billion a month earlier, the central bank said on Wednesday.

Foreign exchange inflows amounted to EUR 3.6 billion, while outflows totaled EUR 4.244 billion. The gold reserves of the central bank remained unchanged at 103.6 tonnes.

However, following the change in the international price of gold, its value amounted to EUR 5.267 billion.

The international reserves of Romania, including foreign currencies and gold, totaled EUR 40.269 billion as of end-June, compared to EUR 40.812 billion a month earlier.

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

FINA head thanks Hungary for hosting 2022 worlds City

FINA head thanks Hungary for hosting 2022 worlds

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.