The end-March figure includes EUR 107.2 billion in long-term foreign debt, up from EUR 97.72 billion at the end of last year, BNR said in its monthly report.

The long-term external debt service ratio came in at 14.6% in March, compared to 15.8% at the end of 2022.

The ratio of the BNR's FX reserves to short-term external debt by remaining maturity increased to 90.9% at the end of March, from 82.7% at the end of last year.