CENTRAL BANK
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Romania's Current Account Deficit Contracts To EUR11.89B YoY In January-July 2023
Romania's current account balance posted a deficit of EUR11.89 billion in January-July 2023, lower than the EUR15.2 billion level reported in the same period of 2022, central bank data showe...
Romania Forex Reserves Almost Flat At EUR53.90B On Month In August 2023
Romania's foreign exchange reserves stood at EUR53.90 billion at the end of August 2023, close to the EUR53.93 billion level reported at the end of July 2023, central bank data showed on Fri...
Badea, Central Bank: The Corrective Measures Of Macroeconomic Imbalances Taken So Far Were Either Insufficient Or Didn't Have The Intended Effects
The corrective measures of macroeconomic imbalances Romania is facing, especially the budget deficit and the current account deficit, that have been taken so far have either been insufficien...
Romanian Central Bank Keeps Key Rate Unchanged At 7% a Year
Romania's central bank has decided at its board meeting on Monday (August 7, 2023) to keep its benchmark interest rate on hold at 7% a year.
Romania Forex Reserves Grow To EUR53.9B On Month In July 2023
Romania's foreign exchange reserves stood at EUR53.9 billion in July 2023, higher by EUR519 million versus June 2023, central bank data showed on Tuesday (August 1).
Central Bank: Romania Private Lending Grows 6.4% YoY In June 2023
Private lending in Romania grew 6.4% in nominal terms (-3.5% in real terms) in June 2023 versus June 2022 to RON375 billion, central bank data showed on Monday (July 24).
Romania's Current Account Deficit Shrinks To EUR8.27B YoY In January-May 2023
Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 202...
Romania's Central Bank Approves Razvan Filcescu For First Bank's VP Coordinating All Business Activities
Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank.
Romanian Central Bank Holds Key Rate At 7% A Year
Romania's central bank has decided at its board meeting on Wednesday (July 5, 2023) to keep its benchmark interest rate on hold at 7% a year.