The foreign exchange reserves of the National Bank of Romania (BNR) were 63.187 billion euro at the end of August 2024, dropping by 0.62% as compared to the level of 63.579 billion euro, on 31 July 2024 according to a press release of the Central Bank sent on Monday. During the month of August there were inflows of 2.397 billion euro, representing the change of the minimum reserves in foreign currency made by the credit institutions at BNR, the replenishments of the accounts of the ministry of finance and others. There were also outflows of 2.789 billion euro, representing the change of the minimum reserves in foreign currency made by the credit institutions at BNR, installment payments and interests in the account of the public debt in foreign currency, payments from the account of the European Commission and others. The level of the gold reserve remained at 103.6 tons. Under the conditions of the international price developments, its value was 7,588 billion euros. Romania's international reserves (currency plus gold) on August 31 2024 were 70,775 billion euros, compared to 71,029 billion euros on July 31, 2024. The payments due in September 2024 in the account of the public debt denominated in foreign currency, direct or guaranteed by the Ministry of FFinance, amount to approximately 685 million euros.
Former presidential candidate Călin Georgescu stated during an interview that he was invited to the inauguration ceremony of the US president-elect Donald Trump but declined the invitation, Hotnews.ro reported. Georgescu told Realitatea Plus host Anca Alexandrescu, whose show he frequents, that he has no reason to go, despite the fact that the right-wing, sovereignist...
Romania’s General Inspectorate for Emergency Situations (IGSU) has launched a tender for a contract worth RON 342 million (EUR 68.7 million) to purchase up to 40 intervention vehicles. The vehicles are equipped with intervention robots designed to carry out specific missions in areas affected by potential industrial disasters, including in the industrial sector, according to […]
Bible Chat, an app launched by Romanian entrepreneur Laurențiu Bălașa, aims to assist Christians of all denominations, regardless of the Bible they follow, with answers or counseling based on their problems. The app is currently expanding in the US. Bălașa, 34, told Economedia.ro that...
21% more books ordered in 2024 F.M. Dostoevsky - the most appreciated author Ioana Chicet-Macoveiciuc - the best-selling Romanian author Ilfov, Bucharest, and Brașov - the highest number of orders per capita Brașov - 35% more books sold
Nicușor Dan, the mayor of Bucharest and a presidential candidate, has expressed strong reservations about how Romania's administrative and territorial reorganization is being discussed after the Social Democrats said they intend to draft a project in this sense. He emphasized the need for a methodical and data-driven approach and said the reform should not be […]
Romania registered an annual inflation rate of 5.1% for December 2024 despite significant fluctuations, according to data published Tuesday, January 14, by the National Institute of Statistics (INS). The figure remained unchained from the previous month amid higher political turmoil. In October 2024 inflation had come down to 4.67%, while in September it sat at 4.6%. The presidential […]
