CENTRAL BANK
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Romanian Central Bank Holds Key Rate at 1.25%
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy...
Romanian Central Bank Sees No Further Rate Cuts
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target co...
Romanian Central Bank Raises 2021 Inflation Forecast to 3.4%
Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday.
Romanian Central Bank Leaves Key Rate Unchanged at 1.25%
Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy pr...
Central Bank: Romanians Spent EUR2.6B On Vacations Abroad In 2020
Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data.
Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation
Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction...
Three-Month Money Market Rate Plunges To 1.59% After Central Bank Cuts Key Rate To Record Low Of 1.25%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Mon...
Romanian Central Bank Cuts Key Rate To Record Low Of 1.25%
Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021).
Romania Forex Reserves Grow to EUR37.379B End-December
Romania's foreign exchange reserves grew to EUR37.379 billion at the end of December from EUR33.393 billion at the end of November, central bank data showed Monday.