CENTRAL BANK
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Romania Private Lending Grows 0.5% on Month in January
Private lending in Romania grew 0.5% (declined 0.4% in real terms) in January compared with December, to RON252.19 billion, central bank data showed Monday.
Central Bank Says Disconnecting Bank Tax from Money Market Rates Is Crucial
Board members of Romania's central bank said it is essential that the country's new tax on banks' financial assets is disconnected from benchmark rates on the interbank money market rates su...
Isarescu Says Bank Tax Is an Attack on Central Bank Independence
Romanian central bank governor Mugur Isarescu said the tax on bank assets is an attack on the independence of the institution, as it hinders monetary policy.
Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable
Romanian central bank governor Mugur Isarescu on Monday said the profits of banks in Romania are not as big as they are publicly presented or higher than the profits of banks operating in ot...
Romanian Central Bank Raises 2019 Inflation Forecast to 3% from 2.9%
Romania's central bank has raised its year-end inflation forecast for 2019 to 3% from a previous forecast of 2.9%, central bank governor Mugur Isarescu said Monday.
Romania Central Bank Sees Inflation Declining in Next Three Quarters
Romania's central bank expects annual inflation to decline further during the next three quarters to values even slightly below the ones previously anticipated before climbing and remaining...
Romanian Central Bank Keeps Key Rate Unchanged at 2.5% a Year
Romania's central bank on Thursday kept its benchmark interest rate on hold at 2.5% at its second monetary policy meeting this year, the bank said in a statement.
Romania Forex Reserves Drop to EUR31.922B in January
Romania's foreign exchange reserves fell to EUR31.922 billion at the end of January from EUR33.065 billion at the end of 2018, central bank data showed Friday.
Romania Private Lending Grows 0.1% on Month in December 2018
Private lending in Romania grew a marginal 0.1% (declined 0.02% in real terms) in December 2018 compared with November, to RON251.05 billion, central bank data showed Friday.