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Romania Forex Reserves Grow to EUR33.498B in January
Banks-Insurance

Romania Forex Reserves Grow to EUR33.498B in January

Romania's foreign exchange reserves grew to EUR33.498 billion end-January from EUR33.494 billion at the end of December 2017, central bank data showed Thursday.

Oana Gavrila · 01.02.2018 · 13:56 · 1 min
Central Bank Gov: EU Funds Generated GDP Growth Of 1.2 To 1.6 Percentage Points In 2007-2016
Macroeconomics

Central Bank Gov: EU Funds Generated GDP Growth Of 1.2 To 1.6 Percentage Points In 2007-2016

A 95% absorption rate of European Union funds within the current multiannual financial framework would trigger a growth rate of potential GDP in 2022 higher by approximately 1.7 percentage p...

Ecaterina Craciun · 29.01.2018 · 19:52 · 1 min
Romania Private Lending Falls 1.4% on Month in Dec 2017
Banks-Insurance

Romania Private Lending Falls 1.4% on Month in Dec 2017

Romanian private lending declined 1.4% (1.7% in real terms) in December compared with November, to RON232.336 billion, central bank data showed Tuesday.

Oana Gavrila · 23.01.2018 · 12:47 · 1 min
Macroeconomics

Romania Posts Current Account Deficit of EUR5.58B in Jan-Nov 2017

Romania's current account balance posted a deficit of EUR5.58 billion in January-November, compared with a deficit of EUR2.89 billion in the same period the year before, central bank data sh...

Oana Gavrila · 15.01.2018 · 12:18 · 1 min
Isarescu: Central Bank May Decide To Restrict Household Lending in Spring
Banks-Insurance

Isarescu: Central Bank May Decide To Restrict Household Lending in Spring

The Romanian central bank monetary policy and macroprudentiality committees have discussed tightening conditions for household lending but a decision may be taken in spring, central bank gov...

Oana Gavrila · 08.01.2018 · 19:30 · 1 min
Isarescu: Central Bank May Narrow Facilities Corridor in February
Banks-Insurance

Isarescu: Central Bank May Narrow Facilities Corridor in February

Romania's central bnak may decide to narrow the facilities corridor around the key rate in February, central bank governor Mugur Isarescu said Monday after the central bank raised the key ra...

Oana Gavrila · 08.01.2018 · 16:45 · 1 min
Romania Central Bank Raises Key Rate to 2%/Year
Banks-Insurance

Romania Central Bank Raises Key Rate to 2%/Year

Romania's central bank on Monday raised its benchmark interest rate to 2% a year from a previous record low of 1.75% and raised the interest for deposit facilities to 1% and that for lending...

Oana Gavrila · 08.01.2018 · 13:51 · 1 min
Romania Forex Reserves Grow to EUR33.494B in December
Banks-Insurance

Romania Forex Reserves Grow to EUR33.494B in December

Romania's foreign exchange reserves grew to EUR33.494 billion at the end of December 2017 from EUR33.062 billion at the end of November, central bank data showed Wednesday.

Oana Gavrila · 03.01.2018 · 13:55 · 1 min
Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct
Macroeconomics

Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct

Romania's current account balance posted a deficit of EUR5.3 billion in January-October, compared with a deficit of EUR2.83 billion in the same period the year before, central bank data show...

Oana Gavrila · 14.12.2017 · 15:06 · 1 min