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Romanian Parliament Passes Bill to Repatriate Gold Reserve
Social/Politics

Romanian Parliament Passes Bill to Repatriate Gold Reserve

Romania’s Chamber of Deputies passed on Wednesday, as a deciding body, a bill initiated by the ruling Social Democrat Party (PSD) to repatriate most of the country's gold reserves deposited...

Oana Gavrila · 25.04.2019 · 09:09 · 1 min
Central Bank Board to Discuss Gold Reserve Repatriation Bill
Social/Politics

Central Bank Board to Discuss Gold Reserve Repatriation Bill

The central bank board meets Tuesday afternoon to discuss the Senate's adoption of a bill seeking to force the central bank to repatriate the country's gold reserve deposited abroad.

Oana Gavrila · 02.04.2019 · 16:53 · 1 min
Romanian Central Bank Keeps Benchmark Interest at 2.5% a Year
Banks-Insurance

Romanian Central Bank Keeps Benchmark Interest at 2.5% a Year

Romania's central bank on Tuesday kept its benchmark interest rate on hold at 2.5% a year, in line with analysts' expectations.

Oana Gavrila · 02.04.2019 · 12:39 · 1 min
Banca Transilvania Expects Central Bank To Keep Key Rate Unchanged At 2.5% A Year
Banks-Insurance

Banca Transilvania Expects Central Bank To Keep Key Rate Unchanged At 2.5% A Year

Banca Transilvania analysts expect Romania’s central bank to keep its benchmark interest rate unchanged at 2.5% a year at this year’s third monetary policy meeting, held on Tuesday, April 2.

Ecaterina Craciun · 02.04.2019 · 11:47 · 1 min
Romanian Senate Approves Bill Aiming to Repatriate Country's Gold Reserve
Social/Politics

Romanian Senate Approves Bill Aiming to Repatriate Country's Gold Reserve

Romania’s Senate adopted on Monday a bill initiated by the ruling Social Democrat Party (PSD) which would see Romania’s central bank repatriate most of the country's gold reserves deposited...

Oana Gavrila · 01.04.2019 · 20:03 · 1 min
Romania Forex Reserves Decline to EUR32.03B in March
Banks-Insurance

Romania Forex Reserves Decline to EUR32.03B in March

Romania's foreign exchange reserves fell to EUR32.03 billion at the end of March from EUR32.491 billion at the end of February, central bank data showed Monday.

Oana Gavrila · 01.04.2019 · 13:29 · 1 min
Romania Private Lending Declines 0.1% on Month in February
Banks-Insurance

Romania Private Lending Declines 0.1% on Month in February

Private lending in Romania declined 0.1% (-0.9% in real terms) in February compared with January, to RON251.94 billion, central bank data showed Tuesday.

Oana Gavrila · 26.03.2019 · 12:36 · 1 min
UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan
Macroeconomics

UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan

Romania's annual inflation rate may have grown to 3.5% in February, from 3.3% in January, and is likely to fluctuate within a range of 3 to 3.6% throughout 2019, according to UniCredit Bank...

Ecaterina Craciun · 11.03.2019 · 16:45 · 1 min
Romania Forex Reserves Grow to EUR32.491B in February
Banks-Insurance

Romania Forex Reserves Grow to EUR32.491B in February

Romania's foreign exchange reserves grew to EUR32.491 billion at the end of February from EUR31.922 billion at the end of January, central bank data showed Friday.

Oana Gavrila · 01.03.2019 · 13:35 · 1 min