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Romania Central Bank Raises Key Rate 25 bps to 2.5% a Year
Banks-Insurance

Romania Central Bank Raises Key Rate 25 bps to 2.5% a Year

Romania's central bank on Monday raised its benchmark interest rate by 25 basis points to 2.5% a year from 2.25%, the bank said in a statement.

Oana Gavrila · 07.05.2018 · 12:51 · 1 min
Romania Forex Reserves Fall to EUR33.539B in April
Banks-Insurance

Romania Forex Reserves Fall to EUR33.539B in April

Romania's foreign exchange reserves fell to EUR33.539 billion end-April, from EUR34.72 billion at the end of March, central bank data showed Wednesday.

Oana Gavrila · 02.05.2018 · 14:23 · 1 min
Romania Private Lending Grows 1.4% on Month in March
Banks-Insurance

Romania Private Lending Grows 1.4% on Month in March

Romanian private lending grew 1.4% (1.1% in real terms) in March compared with February, to RON236.68 billion, central bank data showed Wednesday.

Oana Gavrila · 25.04.2018 · 13:01 · 1 min
Central Bank Governor: Inflation Rate Expected To Cap Around 5% And Fall Afterwards
Macroeconomics

Central Bank Governor: Inflation Rate Expected To Cap Around 5% And Fall Afterwards

Romania’s central bank governor Mugur Isarescu on Wednesday said this year the inflation rate is expected to cap around 5% and fall subsequently, following the central bank's decision to lea...

Ecaterina Craciun · 04.04.2018 · 17:20 · 1 min
Romania Central Bank Leaves Key Rate Unchanged At 2.25%
Banks-Insurance

Romania Central Bank Leaves Key Rate Unchanged At 2.25%

Romania's central bank on Wednesday left its benchmark interest rate unchanged at 2.25% a year, the bank said in a statement.

Ecaterina Craciun · 04.04.2018 · 13:26 · 1 min
Unicredit Analysts Expect Central Bank To Raise Its Key Rate To 2.5% On April 4
Macroeconomics

Unicredit Analysts Expect Central Bank To Raise Its Key Rate To 2.5% On April 4

Unicredit Bank analysts expect Romania’s central bank to raise its benchmark interest rate by 0.25 percentage points, to 2.5%, at its meeting on Wednesday, April 4, in an attempt to keep inf...

Ecaterina Craciun · 02.04.2018 · 21:56 · 1 min
Romania Forex Reserves Fall To EUR34.72B In March 2018
Banks-Insurance

Romania Forex Reserves Fall To EUR34.72B In March 2018

Romania's foreign exchange reserves fell to EUR34.72 billion end-March 2018, from EUR35.07 billion at the end of February 2018, central bank data showed Monday.

Ecaterina Craciun · 02.04.2018 · 14:43 · 1 min
Isarescu Tells Senators Central Bank Has No Control Over Fiscal Policy
Social/Politics

Isarescu Tells Senators Central Bank Has No Control Over Fiscal Policy

Romanian central bank governor Mugur Isarescu told senators Thursday the central bank has no control over the government's fiscal policy and it was forced to raise the monetary policy rate.

Oana Gavrila · 29.03.2018 · 13:04 · 1 min
Romania Private Lending Grows 0.2% on Month in February
Banks-Insurance

Romania Private Lending Grows 0.2% on Month in February

Private lending in Romania grew 0.2% (declined 0.1% in real terms) in February compared with January, to RON233.32 billion, central bank data showed Friday.

Oana Gavrila · 23.03.2018 · 13:33 · 1 min