CENTRAL BANK
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Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will...
Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news con...
Romania Central Bank Raises Key Rate To 3.75% A Year
Romania's central bank on Tuesday (May 10) raised its benchmark interest rate to 3.75% a year from the current rate of 3% a year, starting May 11, 2022.
Romania Central Bank Raises Key Rate To 3% A Year
Romania's central bank on Tuesday (April 5) raised its benchmark interest rate to 3% a year from the current rate of 2.5% a year, starting April 6, 2022.
The debt recovery market has developed spectacularly over the last 15 years
„Debt recovery rates can be below 1% of large amounts, many years past due, and can exceed 80-90% on debts that are only a few days overdue." translated by Loredana Frățilă-Cristescu Romania...
Romania Central Bank Expects 9.6% Annual Inflation Rate In 2022
Romania’s central bank says the annual CPI inflation rate is projected at 9.6% in December 2022 compared with December 2021, peaking in April, once the support schemes for household consumer...
Three-Month ROBOR Rises to 3.53% a Year on Feb 10
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 to 3.53% a year on Thursda...
Romania Central Bank Raises Key Rate To 2.5% A Year
Romania's central bank on Wednesday (February 9) raised its benchmark interest rate by 0.5 percentage points to 2.5% a year from the current rate of 2% a year, starting February 10, 2022.
Romania Central Bank Raises Key Rate To 2% A Year
Romania's central bank on Monday (January 10) raised its benchmark interest rate to 2% a year from 1.75% a year, starting January 11, 2022.