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In January - September 2019, Romania's balance-of-payments current account posted a deficit of EUR 8,103 million, compared with EUR 6,798 million in the same year-ago period, according to a press statement released by the National Bank of Romania (BNR) on Wednesday.
In January - September 2019, total external debt increased by EUR 8,398 million, of which long-term external debt at end-September 2019 stood at EUR 73,831 million (68.2 percent of total external debt), up 8.1 percent against end-2018; short-term external debt at end-September 2019 amounted to EUR 34,408 million (31.8 percent of total external debt), up 9 percent from end-2018.
Long-term external debt service ratio ran at 17.1 percent in January - September 2019 against 22.6 percent in 2018. At end-September 2019, goods and services import cover stood at 5 months, as against 4.9 months at end-2018.
At end- September 2019, the ratio of the National Bank of Romania's foreign exchange reserves to short-term external debt by remaining maturity came in at 75 percent, against 74.1 percent at end-2018.
