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Foreign Direct Investment In Romania Headed In 2022 Toward Best Year Ever
The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank.
Romania Central Bank Raises Year-End Inflation Forecast To 16.3% From 13.9%
Romania's central bank revised upwards its 2022 year-end inflation forecast to 16.3%, from its previous August forecast of 13.9%, central bank governor Mugur Isarescu said Monday (Nov 14) at...
Romania Central Bank Raises Key Rate to 6.75% a Year
Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a...
Central Bank: Romania's Annual Inflation Rate To Remain On An Upward Path Until End-2022
Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values estimated for the short term in the latest medium-term forecast, according to...
Three-Month ROBOR Grows Slightly To 7.96% On Oct 7 After Central Bank Raises Key Rate
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew slightly to 7.96% a year o...
Romania Central Bank Raises Key Rate To 6.25% A Year
Romania's central bank has decided at its board meeting on Wednesday (October 5) to raise its benchmark interest rate by 0.75% percentage points to 6.25% a year from the current rate of 5.5%...
Foreign Direct Investment In Romania Hit EUR8.9B In 2021
Romania attracted foreign direct investments (FDI) totaling EUR8.9 billion in 2021, with enterprises’ equity standing at EUR6.7 billion (equity capital worth EUR2.16 billion, plus reinvestme...
Romania Central Bank Expects Inflation To Be At 13.9% In Dec 2022 And 2.3% In June 2024
Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented...
Central Bank: Annual Inflation Rate To See Minor Fluctuations In 3Q And Then Enter Gradual Downward Path For Three Quarters
Romania’s annual inflation rate is expected to post minor fluctuations in the third quarter of 2022, then enter a gradual downward path for three quarters and fall slightly below the mid-poi...