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Romania Forex Reserves At EUR35.48B End-May 2017
Banks-Insurance

Romania Forex Reserves At EUR35.48B End-May 2017

Romania's foreign exchange reserves stood at EUR35.48 billion on May 31, 2017, from EUR35.96 billion at the end of April, the central bank said in a statement Friday.

Ecaterina Craciun · 02.06.2017 · 13:59 · 1 min
Romania Sees No Major Systemic Risk to Financial Stability
Banks-Insurance

Romania Sees No Major Systemic Risk to Financial Stability

Romania no longer sees any major systemic risk to its financial stability after Constitutional Court decisions softened potential effects of the debt discharge law and Swiss franc loan conve...

Oana Gavrila · 25.05.2017 · 12:34 · 1 min
Romania Private Lending Grows 0.1% in April
Banks-Insurance

Romania Private Lending Grows 0.1% in April

Romanian private lending grew 0.1% (-0.2% in real terms) in April compared with March, to RON223.26 billion, central bank data showed Wednesday.

Oana Gavrila · 24.05.2017 · 12:04 · 1 min
Public Wage Law Poses Inflation Risks, Central Bank Says
Banks-Insurance

Public Wage Law Poses Inflation Risks, Central Bank Says

Romania's public sector wage law poses risks to annual inflation, the central bank warned in its quarterly inflation report released Monday.

Oana Gavrila · 15.05.2017 · 15:45 · 1 min
Romania Central Bank Lowers 2017 Inflation Forecast to 1.6%
Banks-Insurance

Romania Central Bank Lowers 2017 Inflation Forecast to 1.6%

Romania's central bank on Monday revised its year-end inflation forecast to 1.6% from 1.7% forecast before.

Oana Gavrila · 15.05.2017 · 12:28 · 1 min
Central Bank Keeps Key Rate at 1.75%, Cuts Reserve Requirements on Forex Liabilities
Banks-Insurance

Central Bank Keeps Key Rate at 1.75%, Cuts Reserve Requirements on Forex Liabilities

Romania's central bank left its benchmark interest rate unchanged at a record low 1.75% a year Friday, and lowered minimum reserve requirements on foreign currency liabilities, the bank said...

Oana Gavrila · 05.05.2017 · 12:46 · 1 min
Banks-Insurance

Romania Forex Reserves at EUR35.96B End-April

Romania's foreign exchange reserves stood at EUR35.96 billion at the end of April, from EUR34.7 billion at the end of March, the central bank said in a statement Tuesday.

Oana Gavrila · 02.05.2017 · 14:55 · 1 min
Romania Private Lending Grows 1.5% on Month in March
Banks-Insurance

Romania Private Lending Grows 1.5% on Month in March

Romanian private lending grew 1.5% (1.4% in real terms) in March compared with February, to RON223.1 billion, central bank data showed Wednesday.

Oana Gavrila · 26.04.2017 · 11:50 · 1 min
Romania Central Bank Keeps Key Rate Unchanged at 1.75%
Banks-Insurance

Romania Central Bank Keeps Key Rate Unchanged at 1.75%

Romania's central bank left its benchmark interest rate unchanged at a record low 1.75% a year Wednesday, the bank said in a statement.

Oana Gavrila · 05.04.2017 · 15:33 · 2 min