CENTRAL BANK
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Limiting Interest Rates on Loans Impossible in Market Economy - Central Bank Official
Limiting interest rates on household loans is not part of a market economy, said central bank board member Daniel Daianu in response to a bill that seeks to limit interests rates on loans to...
Romania Forex Reserves Decrease to EUR33.06B in November
Romania's foreign exchange reserves decreased to EUR33.062 billion in November from EUR33.93 billion at the end of October, central bank data showed Monday.
Fast Economic Growth, Higher Household Debt Pose Risks to Stability - Central Bank
Romania's central bank on Monday warned the country's gross domestic product growth above potential and higher debt due to increased interest rates pose risks to the country's macroeconomic...
Romania Private Lending Falls 0.9% in Real Terms in October
Romanian private lending grew 0.3% (declined 0.9% in real terms) in October compared with September, to RON233.47 billion, central bank data showed Friday.
Romania Posts Current Account Deficit of EUR4.19B in Jan-Sept
Romania's current account balance posted a deficit of EUR4.19 billion in January-September, compared with a deficit of EUR2.88 billion in the same period the year before, central bank data s...
Romania Risks Failing Euro-Adoption Criteria, Says Central Bank Official
Romania risks missing certain targets next year that count for the country's euro-adoption ambitions, such as its budget deficit, inflation and interest rates, central bank chief economist V...
Romania Central Bank Revises Yearend Inflation Forecast Up to 2.7% from 1.9%
Romania's central bank on Thursday raised its inflation forecast for the end of the year to 2.7% from a previous forecast of 1.9%, governor Mugur Isarescu said at a press briefing on the cen...
Central Bank Gov: Romania's Widening Trade Deficit Drove Leu Downward
The Romanian leu is on an extended depreciation trend, unlike regional peers, and the currency is under pressure due to the country's ballooning trade deficit, central bank governor Mugur Is...
Central Bank Expects Inflation to Hit Statistical Peak in 1Q/2018
Romania's central bank expects inflation to accelerate over the short term and reach a statistical peak in the first quarter of 2018, governor Mugur Isarescu said Tuesday.