At the end of June, currency reserves were standing at 26.466 bn euros, down 1.4% from a month earlier.

The 4,243 mn euro worth of inflows represent changes in the foreign exchange reserve requirements of credit institutions, loans taken by the Ministry of Public Finances, income from the management of foreign exchange reserve and other.

The 3,383 mn euro worth of outflow represent changes in fx reserve requirements of credit institutions, interests and principal payments on public and publicly guaranteed external debt and payments from the European Commission’s account held at NBR.

The gold reserves remained at 103.7 tons. Following the changes in the international price of gold, its value amounted to only 2.214 million euros.

During the month of August 2009, the payments due on public and publicly guaranteed external debt amount to EUR 85 million.