The foreign exchange reserves of the National Bank of Romania (BNR) were 63.187 billion euro at the end of August 2024, dropping by 0.62% as compared to the level of 63.579 billion euro, on 31 July 2024 according to a press release of the Central Bank sent on Monday. During the month of August there were inflows of 2.397 billion euro, representing the change of the minimum reserves in foreign currency made by the credit institutions at BNR, the replenishments of the accounts of the ministry of finance and others. There were also outflows of 2.789 billion euro, representing the change of the minimum reserves in foreign currency made by the credit institutions at BNR, installment payments and interests in the account of the public debt in foreign currency, payments from the account of the European Commission and others. The level of the gold reserve remained at 103.6 tons. Under the conditions of the international price developments, its value was 7,588 billion euros. Romania's international reserves (currency plus gold) on August 31 2024 were 70,775 billion euros, compared to 71,029 billion euros on July 31, 2024. The payments due in September 2024 in the account of the public debt denominated in foreign currency, direct or guaranteed by the Ministry of FFinance, amount to approximately 685 million euros.
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
The well-known Romanian car brand Dacia announced the launch of the Duster Pick-Up, a utility vehicle with four seats and a capacity to transport up to 430 kg in the cargo space, on Wednesday, September 17. The car model is available in two engine versions, Hybrid 140 and Mild-hybrid 130 4×4, and has a starting […]
Romanian wrestler Ana Andreea Beatrice, 25, won bronze in the 55-kilogram category at the World Wrestling Championship in Zagreb. The Romanian bested Cuba’s Sanz Verdecia Yaynelis, 6-3, in an emotional match, to earn the medal. To get to the bronze, Ana Andreea Beatrice beat China’s Xuejing Liang in the preliminaries and the US wrestler Cristelle […]
