CENTRAL BANK
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Romanian Central Bank Raises 2021 Inflation Forecast to 5.6%
Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more, the report o...
Romanian Central Bank Leaves Key Rate Unchanged At 1.25%
Romania's central bank decided on Friday (August 6) to hold the benchmark interest rate at a record low of 1.25% a year.
Pandemic Development Brings Uncertainties and Risks to Inflation Outlook
Developments in the pandemic continue to generate considerable uncertainties and risks to the inflation outlook, at least in the short run, amid a considerable slowdown in vaccination and th...
Romanian Central Bank Keeps Policy Rate on Hold
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, despite rising inflation.
Romania Central Bank Profit Grows 13% YoY To Over RON2B In 2020
Romania’s central bank on Monday said its profit reached RON2.03 billion in 2020, up 13% from 2019.
Central Bank Approves Mustafa Tiftikcioğlu As CEO Of Garanti BBVA Romania
Romania’s central bank has approved the appointment of Mustafa Tiftikcioğlu to the position of CEO of Garanti BBVA Romania.
Inflation Dominated Central Bank May 12 Policy Meeting, Minutes Show
Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes o...
Ex PM Viorica Dancila To Advise on Strategy within Central Bank Euro Entry Dept
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro...
Romanian Central Bank Raises 2021 Inflation Forecast to 4.1%
Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday.