CENTRAL BANK
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Central Bank Governor: Inflation To Stay Negative Until May
The Romanian central bank sees inflation going deeper into negative territory until May, due to tax cuts, and the indicator is expected to return within the central bank's target band in ear...
Romanian Central Bank Leaves Key Rate Unchanged at 1.75%
The Romanian central bank Friday kept its main monetary policy lending rate unchanged at 1.75% a year, the bank said in a statement.
Analysts: Romania’s Central Bank Likely To Keep Key Rate Unchanged At 1.75%
Romania’s central bank may keep its monetary policy rate at 1.75% at the upcoming meeting on February 5, a survey from the Association of Romanian Financial and Banking Analysts (AAFBR) show...
Romania Forex Reserves Decline in January on Lower Reserve Requirements
Romanian foreign exchange reserves declined by EUR559 million in January compared with December, to EUR31.68 billion, after the central bank lowered minimum required reserve ratios on foreig...
Romania Private Lending Grew 4% in 2015, to RON217.53B
Romanian private lending declined 0.6% in real terms on the month in December, to RON217.53 billion, but grew 4% in real terms throughout 2015, central bank data showed Wednesday.
Central Bank Lowers Minimum Reserve Requirements, Leaves Key Rate Unchanged
The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at 1.75% a year but lowered minimum reserve requirement ratios for foreign currency deposits to 12% fr...
Romania Forex Reserves at RON32.24B in 2015
Romanian foreign exchange reserves grew by EUR134 million in December 2015 compared with November, to EUR32.24 billion, central bank data showed Monday.
Romania Forex Reserves Rise to EUR32.1B in November
Romanian foreign exchange reserves grew by EUR455 million in November, to EUR32.1 billion from EUR31.65 billion in October, central bank data showed Wednesday.
Central Bank Official: Labor Productivity Stayed At 50% Of EU Average After 2008, Slows Down Convergence
Romania registers a "not so favorable" labour productivity which stayed at 50% of the European average after 2008, pointing to a slowdown in the convergence process towards developed countri...