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Economic

Romania Forex Reserves Rise To EUR33.2B In 2011

Romanian foreign exchange reserves rose by almost EUR1.5 billion in December, to EUR33.19 billion, following inflows from the European Commission and a third tranche of a World Bank loan, central bank data showed Tuesday.

Bogdan Neagu · 3 ianuarie 2012 · 1 min de citit

At the end of November, the reserves were at EUR31.74 billion.

During 2011, Romania’s foreign exchange reserves increased by EUR0.8 billion, from EUR32.4 billion in December 2010.

Foreign exchange inflows rose to almost EUR2 billion in December 2011, from EUR1.1 billion in November, pushed by inflows from the EU and EUR400 million from the World Bank. Outflows were at EUR545 million, down from EUR1.55 billion in November.

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