Romania's foreign debt rises in March
Photo by Albert Zoltan / Shutterstock.com
Romania's foreign debt increased to EUR 135.3 billion at the end of March from EUR 134.6 billion at the end of 2021, the central bank said on Friday.
The end-March figure includes EUR 96.5 billion in long-term foreign debt, down from EUR 97.2 billion at the end of 2021.
The long-term external debt service ratio fell to 18.7% in March, compared to 16.4% at end-2021.
The ratio of the bank's foreign exchange (FX) reserves to short-term external debt by remaining maturity increased to 80.4% at end-March, from 81.9% at end-2021.
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.