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.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
