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Romania Central Bank Narrows Facilities Corridor Further, Keeps Key Rate at 1.75%
Banks-Insurance

Romania Central Bank Narrows Facilities Corridor Further, Keeps Key Rate at 1.75%

Romania's central bank on Tuesday decided to narrow its standing facilities corridor by an additional 25 basis points, to +/-1 percentage point from +/-1.25 percentage points, and kept its b...

Oana Gavrila · 07.11.2017 · 13:47 · 1 min
Romania Forex Reserves Grow to EUR33.93B in October
Banks-Insurance

Romania Forex Reserves Grow to EUR33.93B in October

Romania's foreign exchange reserves grew by EUR612 million in October, to EUR33.93 billion, from EUR33.32 billion at the end of September, central bank data showed Wednesday.

Oana Gavrila · 01.11.2017 · 13:57 · 1 min
Romania Private Lending Grows 1.4% on Month in September
Banks-Insurance

Romania Private Lending Grows 1.4% on Month in September

Romanian private lending grew 1.4% (0.9% in real terms) in September compared with August, to RON232.7 billion, central bank data showed Tuesday.

Oana Gavrila · 24.10.2017 · 11:46 · 1 min
Macroeconomics

Romania Posts Current Account Deficit of EUR4.04B in January-August

Romania's current account balance posted a deficit of EUR4.04 billion in January-August, compared with a deficit of EUR2.65 billion in the same period the year before, central bank data show...

Oana Gavrila · 16.10.2017 · 13:27 · 1 min
Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection
Banks-Insurance

Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection

Improved tax collection contributed to the sudden rise in interbank interest rates, central bank governor Mugur Isarescu said Tuesday at a press briefing following the central bank's monetar...

Oana Gavrila · 03.10.2017 · 16:33 · 1 min
Romanian Central Bank Leaves Key Rate Unchanged at 1.75%, Narrows Facilities Corridor
Banks-Insurance

Romanian Central Bank Leaves Key Rate Unchanged at 1.75%, Narrows Facilities Corridor

Romania's central bank on Tuesday left its benchmark interest rate unchanged at a record low 1.75% a year, a level unchanged since May 2015, the bank said in a statement.

Oana Gavrila · 03.10.2017 · 15:54 · 2 min
Romania Forex Reserves Fall to EUR1.63B In September
Banks-Insurance

Romania Forex Reserves Fall to EUR1.63B In September

Romania's foreign exchange reserves fell by EUR1.635 billion in September to EUR33.32 billion, from EUR34.95 billion at the end of August, the central bank said in a statement Monday.

Oana Gavrila · 02.10.2017 · 14:11 · 1 min
Romania Had Foreign Direct Investments of EUR4.5B in 2016
Macroeconomics

Romania Had Foreign Direct Investments of EUR4.5B in 2016

Romania had foreign direct investments of EUR4.517 billion in 2016, central bank and statistics board data showed Friday.

Oana Gavrila · 29.09.2017 · 13:27 · 1 min
Romania Private Lending Grows 0.7% on Month In August
Banks-Insurance

Romania Private Lending Grows 0.7% on Month In August

Romanian private lending grew 0.7% (0.9% in real terms) in August compared with July, to RON229.468 billion, central bank data showed Monday.

Oana Gavrila · 25.09.2017 · 12:18 · 1 min