CENTRAL BANK
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Finance Minister Says Central Bank Could Lower Interest Rates
Romanian finance minister Florin Citu said Thursday the central bank could lower interests as soon as possible if it intends to do so.
Isarescu: Gold Reserve Repatriation Entails Massive Costs
Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission p...
Romania Central Bank Lowers Inflation Forecast to 3% in 2020 from 3.1%
Romania's central bank sees year-end inflation at 3% in 2020 from a previous projection of 3.1%, central bank governor said Tuesday at a briefing on the February Inflation Report.
Central Bank Sees Annual Inflation Declining In Early Months of 2020
Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the variation band of 1.5%-3.5% until the end of...
Romania Private Lending Falls 0.4% on Month in December
Private lending in Romania declined 0.4% in nominal terms and by 0.8% in real terms in December 2019 compared with November, to RON267.574 billion, central bank data showed Monday.
Central Bank Sees Heightened Risks to Inflation in Election Year
Heightened uncertainties and risks surrounding the inflation outlook stem from the fiscal and income policy stance, given the domestic election calendar, central bank governor Mugur Isarescu...
Romanian Central Bank Keeps Benchmark Rate on Hold at 2.5% a Year
Romania's central bank on Wednesday kept its benchmark interest rate on hold at 2.5% a year.
Romania Private Lending Grows 0.1% on Month in November
Private lending in Romania grew 0.1% (-0.1% in real terms) in November compared with October, to RON268.671 billion, central bank data showed Friday.
Central Bank: Firms In Romania Register Highest Debt Ratio In Europe
Firms in Romania register the highest debt ratio in Europe, considering that the increase in firms’ capital over the last year (+14%) failed to entirely offset the growth in firms’ debts (+1...