Romanian central bank FX reserves rise in July
Photo by ncristian / Shutterstock.com
The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 36.249 billion (USD 42.6 billion) at the end of July, up from EUR 35.002 billion a month earlier, the central bank said on Monday.
Photo by ncristian / Shutterstock.com
Foreign exchange inflows amounted to EUR 4.722 billion representing changes in credit institutionsʼ foreign currency-denominated required reserves, inflows into the finance ministry accounts, including the euro equivalent amount of USD 3.3 billion issuance of USD-denominated bonds, and other.
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 5.559 billion at the end of July.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
