On 31 August 2021, the National Bank of Romania’s foreign exchange reserves stood at EUR 41,616 million, compared to EUR 39,008 million on 31 July 2021. During the month, the following flows were recorded: EUR 3,343 million worth of inflows representing: changes in credit institutions’ foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance’s accounts; the crediting of Romania’s SDR account following the IMF’s new general allocation (with the quota of SDR 1,736 million, equivalent to approximately EUR 2,100 million) on 23 August 2021; inflows into the European Commission’s account and other; EUR 735 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 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 5,114 million. On 31 August 2021, Romania’s international reserves (foreign currencies and gold) stood at EUR 46,730 million, compared to EUR 44,130 million on 31 July 2021. During September 2021, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 74 million.
In a world where remote, hybrid, or flexible work has become the norm, connections between colleagues outside the office are more important than ever. Recent studies show that these bonds boost performance, engagement, and employee loyalty, and companies that understand this are increasingly investing in shared experiences. It’s not just about fun; it’s an essential […]
Romanian far-right, pro-Russian member of the European Parliament Diana Șoșoacă was present in Moscow on October 19, where she participated in the 20th anniversary of the Russia Today television station, an event attended by president Vladimir Putin. The MEP’s presence in Moscow was announced by the party she leads, SOS Romania, and presented as a […]
The Romanian Intelligence Service (SRI) has warned of a coordinated online disinformation campaign spreading false information about the recent explosion at the apartment building in Bucharest’s Rahova district, which killed three people and injured 15 others. In a statement released on Monday, October 20, SRI said that in recent days, numerous conspiracy...
The “Madrigal – Marin Constantin” National Chamber Choir will perform in Spain for the first time in 31 years as part of a special tour celebrating Romania’s National Day and the long-standing diplomatic ties between the two countries. Between November 24 and 30, under the direction of Anna Ungureanu, the choir will hold concerts in […]
Exim Banca Românească will organize, in the coming period, a series of meetings with representatives of the business communities in the main economic centres of the country, an initiative that is part of the Bank’s strategic endeavour to strengthen the partnership with the business environment and to gather relevant market perspectives, to underpin the development […]
Romanian Border Police have seized roughly 22 kilograms of cannabis at Bucharest’s Henri Coandă International Airport (Otopeni) after discovering the drugs in the checked luggage of a 35-year-old Albanian citizen arriving from Athens, Greece. According to the official statement, officers from the Bucharest Airports...
