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.
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
The Grand Chamber of the European Court of Human Rights (ECHR) on December 15 ruled in favor of judge Cristi Danileţ in his case against Romania and ruled that the Romanian authorities had violated Article 10 of the European Convention on Human Rights that guarantees freedom of expression, which includes the right to hold opinions […]
