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Romania Private Lending Down 0.2% on Month in December
Banks-Insurance

Romania Private Lending Down 0.2% on Month in December

Romanian private lending declined 0.2% (0.5% in real terms) in December compared with November, to RON220 billion, central bank data showed Wednesday.

Oana Gavrila · 25.01.2017 · 13:06 · 1 min
Romania Central Bank Keeps Key Rate at 1.75%
Banks-Insurance

Romania Central Bank Keeps Key Rate at 1.75%

Romania's central bank left its benchmark interest rate unchanged at a record low 1.75% a year Friday, at this year's first rate-set policy meeting.

Oana Gavrila · 06.01.2017 · 12:08 · 1 min
Romania Forex Reserves Rose by EUR2B in 2016
Banks-Insurance

Romania Forex Reserves Rose by EUR2B in 2016

Romania's foreign exchange reserves declined slightly to EUR34.24 billion at the end of December 2016, from EUR34.38 billion at the end of November, but were EUR2 billion higher than in Dece...

Oana Gavrila · 03.01.2017 · 13:52 · 1 min
Increased Consumption Created More Jobs Abroad - Central Bank Official
Analysis

Increased Consumption Created More Jobs Abroad - Central Bank Official

Heightened consumption in the latest period has encouraged imports more than domestic production, thus generating jobs abroad rather than domestically, a central bank official said Tuesday.

Oana Gavrila · 15.11.2016 · 11:24 · 1 min
Romanian Central Bank Tweaks 2017 Inflation Forecast to 2.1%
Macroeconomics

Romanian Central Bank Tweaks 2017 Inflation Forecast to 2.1%

Romania's central bank has revised up the inflation forecast for next year by 0.1 points, to 2.1%, but kept this year's projection unchanged at -0.4%, governor Mugur Isarescu told a news con...

Oana Gavrila · 10.11.2016 · 11:22 · 1 min
Macroeconomics

Romania Central Bank Expects Inflation to Stay Negative until December

Romania's central bank expects inflation to remain in negative territory until December, the bank said in a statement Friday.

Oana Gavrila · 04.11.2016 · 16:23 · 1 min
Romania Central Bank Leaves Key Rate On Hold at 1.75% Low
Banks-Insurance

Romania Central Bank Leaves Key Rate On Hold at 1.75% Low

Romania's central bank left its benchmark interest rate unchanged at a record low 1.75% a year at this year's last rate-set policy meeting held Friday.

Oana Gavrila · 04.11.2016 · 12:53 · 1 min
Romania Private Lending Picks Up 0.7% on Month in September
Banks-Insurance

Romania Private Lending Picks Up 0.7% on Month in September

Romanian private lending grew 0.7% (0.8% in real terms) in September compared with August, to RON216.84 billion, central bank data showed Tuesday.

Oana Gavrila · 25.10.2016 · 12:25 · 1 min
Romania Forex Reserves Grow to EUR33.29B in September
Banks-Insurance

Romania Forex Reserves Grow to EUR33.29B in September

Romania's foreign exchange reserves stood at EUR33.29 billion at the end of September, from EUR32.96 at the end of August, the central bank said in a statement Monday.

Oana Gavrila · 03.10.2016 · 13:59 · 1 min