CENTRAL BANK
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Leonardo Badea Resigns as President of Financial Watchdog for Central Bank Job
Leonardo Badea has resigned from his position of president of the financial supervision authority ASF, effective October 11, 2019, to take on a new position as deputy governor at the central...
Central Bank: Current Account Deficit Widening Poses Growing Concerns
Romania's future fiscal and income policy stance is a source of heightened uncertainties and risks to the inflation outlook, while the widening of the current account deficit is increasingly...
Romanian Central Bank Holds Key Rate at 2.5% a Year
Romania's central bank on Thursday kept its benchmark interest rate on hold at 2.5% a year, in line with analysts' expectations.
Foreign Direct Investments In Romania Grew To EUR5.266B In 2018, From EUR4.8B In 2017
Foreign direct investments (FDI) grew to EUR5.26 billion in 2018, compared with EUR4.8 billion in 2017. Trade was the most popular sector, attracting EUR1.5 billion, being followed by the pr...
Romania Private Lending Grows 0.8% on Month in August
Private lending in Romania grew 0.8% (+0.7% in real terms) in August compared with July, to RON264.638 billion, central bank data showed Tuesday.
Central Bank Drains RON13B Off Market in One-Week Deposits
Romania's central bank drained RON13.3 billion excess liquidity off the market at a deposit-taking auction on Monday at 2.5% interest, equal to its monetary policy rate.
Romania Current Account Gap Widens to EUR6.025B in Jan-July
Romania's current account balance posted a deficit of EUR6.025 billion in the first seven months of 2019, compared with a deficit of EUR4.859 billion in the same period of 2018, central bank...
Romania Private Lending Grows 1.2% on Month in July
Private lending in Romania grew 1.2% (+1.4% in real terms) in July compared with June, to RON262.64 billion, central bank data showed Monday.
Romanian Central Bank Sees Inflation at 4.2% in 2019, 3.4% in 2020
Romania's central bank has kept its year-end inflation forecast at 4.2% for 2019, but raised its projection for 2020 to 3.4% from a previous forecast of 3.3%, central bank governor Mugur Isa...