CENTRAL BANK
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Romanian Leu’s Decline Vs Euro Contained At 2% - Central Banker
The Romanian leu has lost some ground against the euro in the past months, as investors are reluctant to bet on risky assets, but the national currency fell at a slower pace compared to its...
Vasilescu, BNR: Romania Capital Inflows At EUR16B Before Crisis; The Money Is Gone Now
Romania benefited from annual capital inflows of around EUR16 billion on average between 2004 and 2008, but the global financial crisis took a big chunk out which is not coming back, a centr...
BNR Lends RON1.1B To Local Banks
Romanian central bank Monday lent 1.09 billion lei (EUR254.4 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monet...
BNR Bought Foreign Debt Of EUR28B In January-August
Romanian central bank bought foreign treasuries worth 117.8 billion lei (EUR27.9 billion) in the first eight months, equal to roughly 76% of the overall international reserves.
Investments In Romania Continue Decline. FDI At EUR1.12B In 8 Months, Down 52% On Year
Romanian foreign direct investment, or FDI, fell 52% to EUR1.12 billion in the first eight months, from around EUR2.35 billion in the year-earlier period, the central bank said Thursday.
Romania's Current Account Gap Narrows To EUR3.3B In First 8 Months
Romania's current account deficit narrowed 19.7% to EUR3.29 billion in the first eight months, from a gap of EUR4.1 billion in the year-earlier period, due mainly to a lower trade deficit an...
Cinteza, BNR: New Lending Rules, A Tool To Educate Bankers
Nicolae Cinteza, head of the supervisory department of the Romanian central bank (BNR), says the new lending regulations, which introduce tighter terms especially for consumer loans, are a t...
BNR Advises Greek Banks To Build Up Cash Reserves Just In Case
Officials of the six Greek bank branches went to the central bank to discuss action plans to be used in case of contingency.
Isarescu: I’m Not Against Lower Social Security Taxes
Romanian labor market is too burdened and cutting the social security taxes, while a risky measure, would be a most welcome solution to stimulate economic growth, central bank governor Mugur...