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Macroeconomics

Romania Forex Reserves Fall to EUR33.156B in April

Romania's foreign exchange reserves fell to EUR33.156 billion at the end of April from EUR34.123 billion at the end of March, central bank data showed Monday.

Oana Gavrila · 04.05.2020 · 14:49 · 1 min
Romania Private Lending Grows 0.6% on Month in March, Government Credit Grows 10%
Macroeconomics

Romania Private Lending Grows 0.6% on Month in March, Government Credit Grows 10%

Private lending in Romania grew 0.6% in nominal terms and 0.1% in real terms in March compared with February, to RON272.552 billion, while government credit spiked more than 10% due to ballo...

Oana Gavrila · 27.04.2020 · 12:17 · 1 min
Romanian Central Bank Starts Buying Government Bonds
Banks-Insurance

Romanian Central Bank Starts Buying Government Bonds

Romania's central bank has approved and started the acquisition of government bonds to help finance ballooning expenses prompted by the coronavirus crisis, a central bank official said Tuesd...

Oana Gavrila · 14.04.2020 · 12:40 · 1 min
Romania Forex Reserves Drop to EUR34.123B in March
Macroeconomics

Romania Forex Reserves Drop to EUR34.123B in March

Romania's foreign exchange reserves fell to EUR34.123 billion at the end of March from EUR35.83 billion at the end of February, central bank data showed Wednesday.

Oana Gavrila · 01.04.2020 · 13:34 · 1 min
Central Bank Postpones Collecting Bank Resolution Fund Contributions for Three Months
Banks-Insurance

Central Bank Postpones Collecting Bank Resolution Fund Contributions for Three Months

Romania's central bank board held an emergency meeting Friday and analyzed a series of relevant measures from the perspective of bank resolution, amid the economic effects of Covid-19 pandem...

Oana Gavrila · 27.03.2020 · 13:59 · 1 min
Romania Private Lending Grows 0.5% on Month in February
Banks-Insurance

Romania Private Lending Grows 0.5% on Month in February

Private lending in Romania grew 0.5% in nominal terms and 0.3% in real terms in February compared with January, to RON271.057 billion, central bank data showed Tuesday.

Oana Gavrila · 24.03.2020 · 12:37 · 1 min
Romania Central Bank Cuts Key Rate To 2% A Year Amid Coronavirus Crisis
Banks-Insurance

Romania Central Bank Cuts Key Rate To 2% A Year Amid Coronavirus Crisis

Romania’s central bank BNR on Friday decided to lower its main monetary policy rate by 0.50 percentage points to 2% a year from 2.5% a year currently, starting March 23, 2020, amid the coron...

Ecaterina Craciun · 20.03.2020 · 18:56 · 2 min
Romania Forex Reserves Grow to EUR35.83B in February
Macroeconomics

Romania Forex Reserves Grow to EUR35.83B in February

Romania's foreign exchange reserves grew to EUR35.83 billion at the end of February from EUR35.505 billion at the end of January, central bank data showed Monday.

Oana Gavrila · 02.03.2020 · 13:36 · 1 min
Romania Private Lending Grows 0.8% on Month in January
Banks-Insurance

Romania Private Lending Grows 0.8% on Month in January

Private lending in Romania grew 0.8% in nominal terms and 0.4% in real terms in January compared with December 2019, to RON269.646 billion, central bank data showed Tuesday.

Oana Gavrila · 25.02.2020 · 11:55 · 1 min