As of end-October 2024, the forex reserves of the National Bank of Romania (BNR) stood at 62.841 billion euros, 4.46 percent down from 65.778 billion euros as of the end of September 2024, the central bank announced in a release on Friday.Inflows recorded in October 2024 amounted to 2.801 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance, other.Outflows stood at 5.738 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on the foreign currency public debt (some 1.850 billion euros), payments from the European Commission's account, other.Romania's gold holdings remained unchanged at 103.6 tonnes worth 7.136 billion euros, as per the current international prices.Romania's international reserves (foreign currencies and gold) as of October 31, 2024 stood at 71.361 billion euros, compared to 73.663 billion euros as of end-September 2024.Payments due this November on the public and publicly guaranteed foreign currency-denominated debt amount to roughly 649 million euros.
Romania was formally designated the 43rd country to join the US Visa Waiver Program (VWP) on Friday, January 10. According to the Romanian ambassador to Washington, Andrei Muraru, Romanian citizens will be able to travel to the US without the need for a visa starting March 31, 2025. "Romania becomes the first country in the […]
Cluj-Napoca, the city in Romania with some of the highest rents and a fast-growing IT industry, is closer to banning smoking in playgrounds and parks after mayor Emil Boc expressed his support for the measure. The mayor cited the prioritization of public health as the reason behind such a ban. He mentioned that he has […]
Romania's Sibiu County Emergency Clinical Hospital will receive a robotic system to prepare cytostatic drugs needed by cancer patients, along with other equipment, after the County Council obtained funds from the European Regional Development Fund. With an estimated value of EUR 1 million, the "Robotic Composition System for Sterile Preparations of Cytostatic Drugs" is among […]
Romania’s government adopted in its January 10 meeting a decision granting an extra day off to public sector employees at the beginning of May. Thus, Friday, May 2, will be an official day off for public sector workers, linking the legal holiday of May 1 (Labor Day) with the weekend (May 3-4). This...
The Ministry of Environment announced that 2024 was the hottest year in the history of Romania's meteorological records. Red alerts for heat waves began in June of 2024, with the longest consecutive periods of persistent and intense heat waves, six consecutive days, between July 13-18 and August 15-20. "The year 2024 is the hottest year...
Supporters of former presidential candidate Călin Georgescu gathered outside the Parliament Palace in Bucharest, which houses the Constitutional Court, on January 10, demanding a rerun of the second round of the presidential elections. The protest, dubbed "The Great Judicial Union," was initiated by Georgescu, who called on his supporters to challenge the election annulment, as […]
