The National Bank of Romania published its July 2025 international reserves update, showing foreign exchange reserves of EUR 63.225bn at 31 July 2025, up from EUR 58.281bn a month earlier. Total international reserves, including gold, increased to EUR 72.864bn from EUR 67.627bn. July inflows of EUR 6.735bn reflected changes in credit institutions’ foreign-currency minimum reserve requirements and funding of the Ministry of Finance’s accounts, including proceeds from Ministry eurobond issues with a nominal value of EUR 1.5bn and approximately USD 3.210bn. Outflows of EUR 1.791bn were linked to required-reserve changes, principal and interest payments on foreign-currency public debt, and payments from the European Commission account. Gold holdings were unchanged at 103.6 tonnes, valued at EUR 9.639bn. Foreign-currency public debt payments due in August 2025, direct or guaranteed by the Ministry of Finance, total around EUR 611m, and the next reserves release is scheduled for 1 September 2025.
National Bank of Romania 2025-08-01
National Bank of Romania reports international reserves rising to EUR 72.864bn at end-July 2025
The National Bank of Romania reported an increase in international reserves to EUR 72.864bn as of 31 July 2025, up from EUR 67.627bn the previous month. This rise was driven by inflows from credit institutions’ foreign-currency reserve requirements and Ministry of Finance eurobond issues, while outflows included public debt payments. Gold reserves remained stable at 103.6 tonnes, valued at EUR 9.639bn.