On October 31, 2018, the National Bank of Romania’s foreign exchange reserves stood at 32,369 million euro, compared to 31,421 million euro on September 30, 2018 according to data posted on the bank’s website. During the month, 2,723 million euro worth of inflows were recorded representing changes in credit institutions’ foreign currency-denominated required reserves, inflows into the Ministry of Public Finance’s accounts (including the amount resulted from the Ministry of Public Finance’s Eurobond issues with a nominal value of 1,750 million euro), and other. At the same time, 1,775 million euro worth of outflows were recorded representing changes in credit institutions’ foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt and other external obligations in foreign currencies (939 million euros), and other. The gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to 3,580 million euro. On October 31, 2018, Romania’s international reserves (foreign currencies and gold) stood at 35.949 billion euro, compared to 34.824 billion euro on September 30, 2018. During November 2018, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately 151 million euro.
The Film Garden (Grădina cu Filme), the venue in Bucharest’s Alexandru Lahovari Square that hosts outdoor film screenings, will reopen for this year’s season on May 28, Creart, the Center for Creation, Art and Tradition of the Municipality of Bucharest, announced. The program opens with the DokStation Music Documentary Film Festival, the event dedicated to […]
The festival Weekend Sessions returns with another season of events in landmark gardens and museums in Bucharest and, for the first time, in Constanța, on the Romanian Black Sea coast. This year's program includes events dedicated to art, European cinema, dance, and literature, the organizers said. The first weekend of events takes place on May […]
Controversial influencer Andrew Tate, currently facing trial in Romania along with his brother Tristan, will be surrendered to Britain after the legal proceedings, according to the British government. Security minister Dan Jarvis confirmed, in a letter seen by The Telegraph, that Tate would be handed...
Hardliners, a banned motorcycle gang from the Netherlands, is allegedly involved in the theft of the Dacian gold bracelets and helmet loaned by Romania to the Drents Museum, according to RTL Nieuws. Sources in the criminal world and around the police investigation told the Dutch journalists that the...
The second edition of the She's Next program, aimed at supporting the development of women-owned businesses through personalized mentoring sessions, coaching, and grants, kicks off this month with a training phase consisting of free webinars on current topics. The new edition of the program, a project of ING Bank Romania and Visa in collaboration with […]
Early Game Ventures has invested EUR 1.2 million in Servo AI, a startup that transforms CCTV cameras into real-time data tools for retail, HoReCa, and other brick-and-mortar sectors. By applying computer vision and AI, the company helps businesses optimize operations, staffing, customer service, and compliance - insights that were previously only available to online platforms. […]
