The foreign exchange reserves of the National Bank of Romania (BNR) totaled 63.225 billion euros at the end of July 2025, up 8.5% compared to the level of 58.281 billion euros recorded on June 30, 2025, according to a press release from the Central Bank, sent on Friday.During July, there were inflows of 6.735 billion euros, representing: the change in the minimum reserves in foreign currency established by credit institutions at the NBR; replenishment of the accounts of the Ministry of Finance (including the amounts resulting from the issuance of Eurobonds by the Ministry of Finance in a nominal value of 1.5 billion euros and in US dollars in a nominal value of approximately 3.21 billion euros) and others.There were also outflows of 1.791 billion euros, representing: the change in the minimum foreign exchange reserves established by credit institutions at the NBR; installment and interest payments on the account of public debt denominated in foreign currency; payments from the account of the European Commission and others.The gold reserve level remained at 103.6 tons. In the conditions of international price developments, its value stood at 9.639 billion euros.Romania's international reserves (currency plus gold) on July 31, 2025 were 72.864 billion euros, compared to 67.627 billion euros on June 30, 2025.Payments due in August 2025 on the account of public debt denominated in foreign currency, direct or guaranteed by the Ministry of Finance, amount to approximately 611 million euros.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
