“This disparagement can affect the Romanian state by weakening its position on the international markets and implicitly by the risk of higher lending costs for the state and public and private Romanian companies, and by impacting the exchange rate and financial stability,” the central bank said.
Banks-Insurance
Romania’s Gold Reserve Unchanged At 103.7 Tons Since 2007 - Central Bank
Romania’s gold reserve remained unchanged since 2007 at 103.7 metric tons and its value adjusted for international gold price stands at EUR3.93 billion, the central bank said in a statement Thursday after the media reported about the absence of certain quantities of gold from the reserve.