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Macroeconomics

BNR: Foreign Direct Investments Fall To EUR1.9B In 2011

Romanian foreign direct investment, or FDI, fell 13.6% on the year to EUR1.9 billion in 2011, the central bank said Monday.

Florentina Dragu · 13.02.2012 · 11:30 · 1 min
Macroeconomics

Romania 2011 Current Account Gap Widens To EUR5.7B

Romania's current account deficit widened slightly to EUR5.68 billion in 2011, from a gap of EUR5.52 billion a year earlier, largely due to a higher income deficit, central bank data showed...

Florentina Dragu · 13.02.2012 · 11:25 · 1 min
BNR Head: Changing Governments Can Be Stressful To Markets
Banks-Insurance

BNR Head: Changing Governments Can Be Stressful To Markets

Replacing the government of a country can be a stressful factor for the financial markets, but if resolved swiftly, it may be easily digested by investors, central bank governor Mugur Isares...

Florentina Dragu · 07.02.2012 · 15:21 · 1 min
Romania Central Bank Hikes 2012 Inflation Forecast To 3.2%
Macroeconomics

Romania Central Bank Hikes 2012 Inflation Forecast To 3.2%

Romania's central bank Monday revised upward its forecast on the year-end inflation to 3.2% in 2012, from 3%, citing less favorable base effects than previously estimated.

Florentina Dragu · 07.02.2012 · 13:06 · 1 min
Banks-Insurance

BNR Injects RON5B Into Money Market In 7-Day Repo

Romania's central bank (BNR) Monday pumped 4.9 billion lei (EUR1.13 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the mon...

Florentina Dragu · 06.02.2012 · 13:23 · 1 min
BNR Pushes For Lower Interests. Key Rate Drops To 5.5%
Banks-Insurance

BNR Pushes For Lower Interests. Key Rate Drops To 5.5%

Romania’s central bank Thursday cut its key monetary policy rate by 25 basis points for the third consecutive time to a record low of 5.5% a year, in line with analysts’ expectations, as inf...

ZF English · 02.02.2012 · 12:15 · 1 min
Romania Forex Reserves Fall To EUR32.7B In January
Banks-Insurance

Romania Forex Reserves Fall To EUR32.7B In January

Romanian foreign exchange reserves fell to EUR32.69 billion in January from EUR33.2 billion a month earlier, central bank data showed Wednesday.

Florentina Dragu · 01.02.2012 · 16:31 · 1 min
Banks-Insurance

BNR Pumps RON5.4B Into Market

Romania's central bank BNR Monday injected 5.38 billion lei (EUR1.24 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the m...

Florentina Dragu · 30.01.2012 · 13:07 · 1 min
Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
Banks-Insurance

Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth

The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs s...

Oana Gavrila · 30.01.2012 · 00:00 · 1 min