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.
Romania has confirmed its first case of leprosy in more than 40 years, with three other suspected cases currently under clinical and microbiological investigation, health minister Alexandru Rogobete announced on Thursday, December 11. All four individuals are women from Asia who were employed as masseuses at a spa salon in Cluj-Napoca. The first two patients, […]
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Udpate: The prosecutors’ section of the Superior Council of Magistracy - CSM has taken a different stance from the council’s judges’ section in response to the Recorder documentary, announcing that it will...
