On 28 February 2025, the National Bank of Romania's (BNR) foreign exchange reserves stood at EUR 62,593 million, compared to EUR 60,837 million on 31 January 2025, according to a BNR press release.During the month, the following flows were recorded: EUR 6,355 million worth of inflows representing: changes in credit institutions' foreign currency-denominated required reserves with the BNR; inflows into the Ministry of Finance's accounts (including the amounts from the Ministry of Finance's Eurobond issues with a nominal value of EUR 2,800 million and USD-denominated Eurobonds with a nominal value of approximately EUR 1,200 million) and other.Also there were EUR 4,599 million worth of outflows representing: changes in credit institutions' foreign currency-denominated required reserves with the NBR; interest payments and principal repayments on foreign currency public debt (approximately EUR 543 million); payments from the European Commission's account and other.The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 9,171 million.On 28 February 2025, Romania's international reserves (foreign currencies and gold) stood at EUR 71,764 million, compared to EUR 69,810 million on 31 January 2025.During March 2025, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 501 million.
Award-winning films or selections from the most important festivals of 2024-2025 will be shown in premiere in Romania at the 24th edition of the Transylvania International Film Festival (TIFF) in Cluj-Napoca between June 13 and 22. Some of the productions were shown at festivals like the ones in Cannes, Karlovy Vary, Venice, San Sebastian, Sundance, […]
George Simion, the leader of far-right party Alliance for the Union of Romanians (AUR) and Bucharest mayor Nicușor Dan, who is running as an independent, are the main favorites to win the upcoming presidential election, according to an IRSOP poll. George Simion would be voted by 31% of Romanians, while Nicușor Dan would receive 28% […]
Romania had in 2024 the highest share of emigrants among EU states, with 24% or 4.6 million people living abroad, as well as one of the highest volumes of remittances relative to GDP, namely 2.8% in 2023, according to an analysis by Alpha Bank. Romanians who left the country sent back around RON 13 billion […]
The third edition of the LYNX Festival, Romania’s first event dedicated exclusively to nature documentaries and photography, will open on June 4 in Brașov with the Romanian premiere of Europe – One Continent, Five Worlds, a sweeping nature series filmed over more than 1,000 days across 30 countries. The festival will run from June 4 […]
The Chinese car company with the largest international presence, Chery, will officially begin selling cars on the Romanian market this year, Profit.ro reported. Its local catalog is to include the Tiggo 8 SUV, the first model officially approved in the European Union, which will soon...
Independent candidate and Bucharest mayor Nicușor Dan, who is credited with a real chance to reach the run-off round of the presidential elections in Romania, said on Tuesday, April 15, that his official Instagram, Facebook, and TikTok accounts were under attack. According to the mayor, thousands of new followers and positive comments have appeared in […]
