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Romania's international reserves at 22.93 billion euros
POSTED: 10:15 a.m. EDT, January 5,2007

Romania's international reserves stood at 22.93 billion euros (one euro now stands at about 1.31 U. S. dollars) on Dec. 31, 2006, the 104.7 tons of gold worth of 1. 625 billion euros included, the National Bank of Romania informed on Thursday.

The foreign currency reserve grew 84.2 million euros in December. Receipts of 509 million euros were registered in December, representing revenues from international reserve management, change in the foreign-exchange required reserves deposited by commercial banks and transfers to official foreign exchange reserves.

Outflows reached 428.8 million euros, representing principal payments and interest payments on the external public debt, direct and bearing the guarantee of the Ministry of Public Finance.

The gold stock stood flat at 104.7 tons, but following the developments in the world price of gold its value fell to 1,625 billion euros.

From:xinhua
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