January in numbers

• January 1

- The increase in local taxes and fees comes into force.

• January 5

- The National Bank of Romania announces that, as of December 31, 2025, foreign exchange reserves at the National Bank of Romania stood at 64,800 million euros, compared to 65,408 million euros on November 30, 2025, and 62,135 million euros on December 31, 2024. The level of the gold reserve remained at 103.6 tons. Given the evolution of international prices, its value stood at 12,217 million euros. Romania's international reserves (currency plus gold) as of December 31, 2025 were 77,017 million euros, compared to 77,419 million euros as of November 30, 2025, and 70,491 million euros as of December 31, 2024.

• January 8

- Euro - at the lowest rate of the month against the leu: 5.0871 lei, according to NBR data.

- The gram of gold, quoted at the minimum level of the month: 620.6214 lei, according to NBR.

• January 14

- The National Bank of Romania (BNR) announces that, in the period January-November 2025, the current account of the balance of payments recorded a deficit of 27,140 million euros, compared to 26,060 million euros in the period January-November 2024. In its structure, the balance of goods recorded a deficit lower by 260 million euros, the balance of services - a surplus higher by 11 million euros, the balance of primary income - a deficit higher by 1,012 million euros, and the balance of secondary income - a surplus lower by 339 million euros.

- The franc reaches the minimum exchange rate of the month against our currency: 5.4532 lei, according to BNR data.

• January 15

- The Minister of Finance, Alexandru Nazare, signs the second financing contract with the European Investment Bank, worth 500 million euros, for the A1 Sibiu-Piteşti Motorway.

• January 16

- The European Commission approves the projects proposed by the Government for financing through the SAFE mechanism, from which our country has been allocated the amount of 16.68 billion euros.

- The dollar - at the highest exchange rate of the month against our currency: 4.3816 lei, according to the NBR.

• January 19

- The Board of Directors of the National Bank of Romania, meeting in session, decides the following: maintaining the monetary policy interest rate at 6.50% per year;

maintaining the interest rate for the lending facility (Lombard) at 7.50% and the interest rate for the deposit facility at 5.50% per year; maintaining the current levels of the minimum reserve requirements for liabilities in lei and foreign currency of credit institutions.

• January 21

- The euro rises to the maximum exchange rate of the month against the leu: 5.0961 lei, which it will also record on January 30, according to NBR figures.

• January 27

- The Ministry of Finance announces that the budget deficit reached 146.03 billion lei, respectively 7.65% of GDP in 2025, compared to 152.72 billion lei, respectively 8.67% of GDP in 2024.

- The NBR announces that the broad money supply (M3) recorded, at the end of December 2025, a balance of 795,408.3 million lei. This increased by 3.5% (3.3% in real terms) compared to November 2025, and compared to December 2024 it increased by 7.2% (-2.2% in real terms).

• January 28

- The dollar - at the lowest rate of the month against our currency: 4.2490 lei, according to the BNR.

• January 29

- Fidelis government bonds issued in January make their debut on the Bucharest Stock Exchange (BVB). The Ministry of Finance attracted 1.86 billion lei (367.3 million euros) through the first issue of Fidelis government bonds this year.

- The gram of gold reaches the maximum price of the month: 755.145 lei, according to the BNR.

• January 30

- The Government decides to increase Romania's capital at the Black Sea Trade and Development Bank by 100,256 shares, for a total value of 115,294,400 euros, with the payment of the paid-in capital (34,588,320 euros) in eight installments, starting with 2027, in order to maintain voting power.

- The government orders new measures against PNRR fraud.

- The franc reaches the maximum exchange rate of the month against our currency: 5.5598 lei, according to the BNR.

- The BET index, of the 20 most liquid securities on the BVB, rose by 11.3% in January, to 27,190 points, marking several historical records during the month.

- The BET-BK index, the benchmark for the performance of equity investment funds, increased by 13.9%, to 5,504 points.

- Nuclearelectrica shares increased by 31.5%, in a period of high energy consumption; those of Hidroelectrica - by 11.1%.

- The shares of energy infrastructure company Premier Energy gained 20.8% in • January.

- Romgaz shares, OMV Petrom's partner in the Neptun Deep project, appreciated by 13.3%.

- The BET-FI index, of former SIFs and Fondul Proprietatea (FP), registered an increase of 14.1%, to 103,391 points. FP shares rose by 26.9% - the largest increase within the index.