The foreign currency reserves of the National Bank of Romania clocked in, at the end of August 2021, at 41.616 billion euro, an increase by 6.68 pct over the level of 39.008 billion euro recorded on July 31, 2021, the central bank announced on Wednesday.During the month there were incomes totaling 3.343 billion euro, representing: amending the minimum reserves in foreign currency constituted by the credit institutions at the BNR; the filling of the Finance Ministry accounts; crediting the DST account with the share that belongs to Romania following the entry into force of the new general allotment of DST by the IMF with the date of currency August 23, 2021 (1.736 billion DST, approximately 2.100 euro equivalent); the filling of the European Commission account and others.Furthermore, there were outputs of 735 million euro, representing: the amendment of the minimum reserves in currency constituted by the credit institutions with the BNR; payments of installments and interest rates on account of the public debt denominated in foreign currency and others.The level of gold reserves remained at 103.6 tons. Given the evolution of international prices, its value clocked in at 5.114 billion euro.The international reserves of Romania (currency plus gold) on August 31, 2021, were of 46.730 billion euro, over 44.130 billion euro on July 31, 2021.The payments due in September 2021 accounting for the public debt denominated in foreign currency, direct or guaranteed by the Finance Minister, total around 74 million euro.
Bucharest will host the second edition of AccessABILITY Expo next month, a three-day event dedicated to advancing inclusion for people with disabilities, the Romanian Diversity Chamber of Commerce (RDCC) announced. Organizers said the initiative aims to tackle Romania’s persistent gaps in employment and social participation for people with disabilities. The fair, running from September 18 […]
A Memorandum of Understanding on Capital Market Development was signed between the Ministries of Finance of Bulgaria, Croatia, Poland, Romania, Slovenia, the Slovak Republic, the Republic of North Macedonia, and the Ministry of National Economy of Hungary, according to Radio Romania. The memorandum regulates institutional cooperation for the development...
About 50,000 new mortgage loans were granted at a national level in the first six months of 2025, the highest level registered in the first semester in the last five years, according to a market analysis published by online broker Ipotecare.ro and mortgage lending company SVN Romania. The total value of the new granted mortgage […]
Music Gallery, the only exhibition in Romania devoted entirely to music, will embark on a national tour this fall, bringing an interactive “pop-up” experience to six cities across the country. The first stop will be Mega Mall in Bucharest, where the exhibition will run from September 4 to 14. Founded in Cluj-Napoca, Music Gallery blends […]
A new poll conducted by Avangarde highlights divisions among Romanians over the country’s wartime history, with a majority describing the fascist Legionary Movement as criminal while opinions remain split on Marshal Ion Antonescu’s legacy. According to the survey cited by
Oxygen, Romania’s largest independent integrated communications agency, has established the Oxygen Association as part of its ongoing commitment to responsibility, sustainability, and meaningful results. The new association will focus on environmental, educational, and social initiatives, continuing and expanding Oxygen’s efforts from recent years. Among them is the Oxygen Forest, a program started in 2022 […]
