On January 31st 2016, the National Bank of Romania’s foreign exchange reserves stood at EUR 31,679 million, compared to EUR 32,238 million on December 31st 2015, according to a statement of the central bank.

During the month, the following flows have taken place:

- EUR 1,053 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finances’ accounts, inflows into the European Commission’s account a.s.o.;

- EUR 1,612 million outflows, representing the entering into force of the decision to cut the minimum reserve requirement ratio on foreign currency-denominated liabilities of credit institutions to 12 percent from 14 percent starting with the January 24 - February 23, 2016 maintenance period, changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt a.s.o.. Regarding the interest and principal payments on the foreign currency public debt, it includes the last principal instalment on Romania’s loan from the International Monetary Fund, with the payments totalizing EUR 122 million equivalent

The gold stock remained unchanged at 103.7 tones. However, following the change in the international price of gold, its value amounted to EUR 3,400 million.

The international reserves of Romania (foreign currencies and gold) on January 31st 2016 stood at EUR 35,079 million, compared to EUR 35,485 million on December 31st 2015.

During the month of February 2016, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 1,809 million.