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Romania Forex Reserves Grow To EUR53.4B On Month In June 2023
Banks-Insurance

Romania Forex Reserves Grow To EUR53.4B On Month In June 2023

Romania's foreign exchange reserves stood at EUR53.4 billion in June 2023, higher by EUR335 million versus May 2023, central bank data showed on Monday (June 3).

Ecaterina Craciun · 03.07.2023 · 21:46 · 1 min
Romania's Central Bank Stays In The Black In 2022, With Nearly RON1.1B Profit
Banks-Insurance

Romania's Central Bank Stays In The Black In 2022, With Nearly RON1.1B Profit

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021.

Ecaterina Craciun · 28.06.2023 · 20:29 · 1 min
Central Bank: Romania Private Lending Grows 9% YoY In April 2023
Macroeconomics

Central Bank: Romania Private Lending Grows 9% YoY In April 2023

Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in...

Ecaterina Craciun · 25.05.2023 · 20:07 · 1 min
Romania's Current Account Deficit Shrinks 7.8% YoY To EUR5B In January-March 2023
Macroeconomics

Romania's Current Account Deficit Shrinks 7.8% YoY To EUR5B In January-March 2023

Romania's current account balance posted a deficit of EUR5 billion in January-March 2023, lower by 7.8% than EUR5.42 billion in the same period of 2022, central bank data showed on Monday (M...

Ecaterina Craciun · 15.05.2023 · 14:22 · 2 min
Romanian Central Bank Holds Key Rate At 7% A Year
Banks-Insurance

Romanian Central Bank Holds Key Rate At 7% A Year

Romania's central bank has decided at its board meeting on Wednesday (May 10, 2023) to keep its benchmark interest rate on hold at 7% a year.

Ecaterina Craciun · 10.05.2023 · 16:48 · 6 min
Romania Forex Reserves Grow To EUR53.3B On Month In April 2023
Banks-Insurance

Romania Forex Reserves Grow To EUR53.3B On Month In April 2023

Romania's foreign exchange reserves stood at EUR53.3 billion in April 2023, higher by EUR112 million versus March 2023, central bank data showed on Tuesday (May 2).

Ecaterina Craciun · 02.05.2023 · 15:38 · 1 min
Central Bank: Romania Private Lending Grows 10.2% YoY In March 2023
Banks-Insurance

Central Bank: Romania Private Lending Grows 10.2% YoY In March 2023

Private lending in Romania grew by 10.2% in nominal terms (-3.8% in real terms) in March 2023 versus March 2022 to RON370.4 billion, as local currency lending increased by 2.7% (-10.3% in re...

Ecaterina Craciun · 28.04.2023 · 16:37 · 1 min
Central Bank Deputy Governor: The Need To Strengthen Economic Cooperation Btw Romania And Republic Of Moldova
Banks-Insurance

Central Bank Deputy Governor: The Need To Strengthen Economic Cooperation Btw Romania And Republic Of Moldova

Romania and the Republic of Moldova share a rich cultural heritage, the same language, and a long history of mutual support and cooperation. These common roots provide a solid foundation for...

Ecaterina Craciun · 26.04.2023 · 14:48 · 6 min
Romanian Central Bank Keeps Key Rate Unchanged At 7% A Year
Banks-Insurance

Romanian Central Bank Keeps Key Rate Unchanged At 7% A Year

Romania's central bank has decided at its board meeting on Tuesday (April 4) to keep its benchmark interest rate on hold at 7% a year.

Ecaterina Craciun · 04.04.2023 · 15:43 · 1 min