Romania central bank’s March FX reserves down to 40.14bn euros

BUCHAREST: The Romanian central bank’s foreign exchange reserves, excluding 103.6 tonnes of gold, fell by 1.73 billion euros ($1.91 billion) to 40.14 billion euros at the end of March, the bank said on Friday.

Inflows were 2.92 billion euros and included changes in credit institutions’ foreign currency-denominated required reserves and inflows into the finance ministry’s accounts.

Outflows were 4.65 billion euros and included changes in credit institutions’ foreign currency-denominated required reserves and interest payments on foreign currency public debt.

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The central bank said payments to service external public and publicly guaranteed foreign currency debt amounted to 365 million euros in April.