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Romania Forex Reserves at EUR34.7B End-March
Banks-Insurance

Romania Forex Reserves at EUR34.7B End-March

Romania's foreign exchange reserves grew by EUR200 million to EUR34.7 billion at the end of March, the central bank said in a statement Monday.

Oana Gavrila · 03.04.2017 · 14:46 · 1 min
Romania Private Lending Picks Up in February
Banks-Insurance

Romania Private Lending Picks Up in February

Romanian private lending grew 0.8% (0.9% in real terms) in February compared with January, to RON219.8 billion, central bank data showed Thursday.

Oana Gavrila · 23.03.2017 · 13:13 · 1 min
Romania Forex Reserves at EUR34.49B End-February
Banks-Insurance

Romania Forex Reserves at EUR34.49B End-February

Romania's foreign exchange reserves declined to EUR34.495 billion at the end of February, from EUR34.518 billion at the end of January, the central bank said in a statement Wednesday.

Oana Gavrila · 01.03.2017 · 13:21 · 1 min
Romania Private Lending Drops 0.9% on Month in January
Banks-Insurance

Romania Private Lending Drops 0.9% on Month in January

Romanian private lending declined 0.9% (-0.8% in real terms) in January compared with December, to RON218 billion, central bank data showed Thursday.

Oana Gavrila · 23.02.2017 · 11:20 · 1 min
Romanian Central Bank Revises 2017 Inflation Forecast to 1.7%
Macroeconomics

Romanian Central Bank Revises 2017 Inflation Forecast to 1.7%

Romania's central bank has revised its inflation forecast to 1.7% for this year, from a previous projection of 2.1%, the bank's quarterly inflation report showed Thursday.

Oana Gavrila · 09.02.2017 · 12:37 · 1 min
Banks-Insurance

Isarescu Agrees With Constitutional Court Ruling on CHF Conversion

Romanian central bank governor Mugur Isarescu said Tuesday the Constitutional Court ruling dismissing the Swiss franc loan conversion law at historical rates as unconstitutional is correct.

Oana Gavrila · 07.02.2017 · 16:36 · 1 min
Central Bank Governor Says 2017 Budget Is Ambitious
Banks-Insurance

Central Bank Governor Says 2017 Budget Is Ambitious

Romanian central bank governor Mugur Isarescu said Tuesday Romania's 2017 state budget, currently undergoing Parliament approval, is ambitious in terms of revenue and optimistic in terms of...

Oana Gavrila · 07.02.2017 · 16:16 · 1 min
Romanian Central Bank Maintains Key Rate at 1.75%
Banks-Insurance

Romanian Central Bank Maintains Key Rate at 1.75%

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

Oana Gavrila · 07.02.2017 · 13:02 · 1 min
Romania Forex Reserves at EUR34.518B End-January
Banks-Insurance

Romania Forex Reserves at EUR34.518B End-January

Romania's foreign exchange reserves rose slightly to EUR34.518 billion at the end of January, from EUR34.242 billion at the end of December 2016, the central bank said in a statement Wednesd...

Oana Gavrila · 01.02.2017 · 14:11 · 1 min