International Reserves in Romania

Romania International Reserves | Economic News & Forecasts

Romania - International Reserves

Romania’s economy grew 5.0% year-on-year in the first quarter, overshooting analysts’ expectations and marking the strongest outturn in more than a year. Ahead of comprehensive first-quarter national accounts, retail sales through March suggest that household spending remained firmly in the driver’s seat, as do falling unemployment and rebounding inflation. Domestic demand, however, was likely hobbled by lackluster fixed investment as weak demand from the Eurozone appeared to stifle first-quarter industrial output. Meanwhile, external imbalances, exacerbated in recent months by tepid export growth and trickling FDI inflows, continue to loom. In late May, on the heels of a thumping for his Social Democrats at the European elections, ruling party leader Liviu Dragnea was sentenced to three years in prison on graft charges; economic sentiment improved on the news.

Romania - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (EUR)32.5  32.2  32.2  34.2  33.5  

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Romania International Reserves Chart


Romania International Reserves
Note: International reserves in months of imports.
Source: National Bank of Romania.

Romania Facts

ValueChangeDate
Bond Yield4.710.23 %Jun 14
Exchange Rate4.19-0.34 %Jun 14
Stock Market8,504-0.59 %Jun 14

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