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.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
