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Central Bank Leaves Key Rate Unchanged at 1.75% Low, Cuts Reserve Ratios
Banks-Insurance

Central Bank Leaves Key Rate Unchanged at 1.75% Low, Cuts Reserve Ratios

Romania's central bank on Friday left its benchmark interest rate unchanged at a record low 1.75% a year, but lowered minimum required reserve ratios on foreign currency liabilities to 10% f...

Oana Gavrila · 30.09.2016 · 13:11 · 1 min
Romania Private Lending Down 0.3% on Month in August
Banks-Insurance

Romania Private Lending Down 0.3% on Month in August

Romanian private lending decreased 0.3% (0.4% in real terms) in August compared with July, to RON215.38 billion, central bank data showed Friday.

Oana Gavrila · 23.09.2016 · 12:32 · 1 min
Romania Forex Reserves Grow to EUR32.96B in August
Banks-Insurance

Romania Forex Reserves Grow to EUR32.96B in August

Romania's foreign exchange reserves stood at EUR32.96 billion at the end of August, from EUR32.65 at the end of July, the central bank said in a statement Thursday.

Oana Gavrila · 01.09.2016 · 13:42 · 1 min
Romania Private Lending Down 0.7% on Month in July
Banks-Insurance

Romania Private Lending Down 0.7% on Month in July

Romanian private lending decreased 0.7% (0.4% in real terms) in July compared with June, to RON216.13 billion, central bank data showed Wednesday.

Oana Gavrila · 24.08.2016 · 12:17 · 1 min
Macroeconomics

Central Bank Revises Inflation Down to -0.4% in 2016, 2% in 2017

Romania's central bank has revised its inflation forecast to -0.4% this year from a previous projection of 0.6%, central bank governor Mugur Isarescu told a news conference Monday.

Oana Gavrila · 08.08.2016 · 13:03 · 1 min
Romanian Central Bank Keeps Key Rate at 1.75%
Banks-Insurance

Romanian Central Bank Keeps Key Rate at 1.75%

Romania's central bank on Thursday kept its benchmark interest rate at a record low 1.75% a year, in line with analyst expectations.

Oana Gavrila · 04.08.2016 · 12:22 · 1 min
Romania Forex Reserves Rose 3% To EUR32.65B In July
Banks-Insurance

Romania Forex Reserves Rose 3% To EUR32.65B In July

Romania's foreign exchange reserves stood at EUR32.65 billion at the end of July 2016, up 3% from June, the central bank said in a statement Monday.

Ecaterina Craciun · 01.08.2016 · 15:58 · 1 min
Romania Private Lending Down 0.1% on Month in June
Banks-Insurance

Romania Private Lending Down 0.1% on Month in June

Romanian private lending decreased 0.1% (0% in real terms) in June compared with May, to RON217 billion, central bank data showed Monday.

Oana Gavrila · 25.07.2016 · 12:07 · 1 min
Romania Central Bank Holds Key Rate at Record Low 1.75%
Banks-Insurance

Romania Central Bank Holds Key Rate at Record Low 1.75%

Romania's central bank on Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year.

Oana Gavrila · 30.06.2016 · 13:12 · 1 min