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Romania Private Lending Rises 0.2% in September
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Romania Private Lending Rises 0.2% in September

Romanian private lending rose 0.2% in nominal terms and remained virtually unchanged in real terms in September compared with August, to RON214.33 billion, central bank data showed Friday.

Oana Gavrila · 23.10.2015 · 10:59 · 1 min
ING: Romanian Central Bank Will Try To Fill IMF Role But With Limited Influence
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ING: Romanian Central Bank Will Try To Fill IMF Role But With Limited Influence

Romania's central bank will try to fill in the International Monetary Fund's role in relation to the Government, in lack of a new IMF deal, but its influence is limited by the economic conte...

Oana Gavrila · 21.10.2015 · 12:14 · 1 min
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Romania’s Central Bank: Modest Loan Dynamics Risky For Financial Stability

Romania’s central bank believes there are about 10,000 sound companies, selected by profitability and investment criteria, which have a low indebtedness level and could sustain significant l...

Loredana Frățilă-Cristescu · 07.10.2015 · 09:19 · 1 min
Macroeconomic Stability Is Key to Efficient Market Economy - Central Bank Gov
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Macroeconomic Stability Is Key to Efficient Market Economy - Central Bank Gov

Maintaining financial stability is not a fad and tax cuts would be otherwise canceled out by inflation, currency depreciation and arrears, Romanian central bank Governor Mugur Isarescu told...

Oana Gavrila · 06.10.2015 · 12:53 · 1 min
Romania's Forex Reserves Decline to EUR29.13B in September
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Romania's Forex Reserves Decline to EUR29.13B in September

Romanian foreign exchange reserves dropped by EUR200 million in September, to EUR29.13 billion from EUR29.34 billion end-August, central bank data showed Thursday.

Oana Gavrila · 01.10.2015 · 13:38 · 1 min
Central Bank Seeks to Align Minimum Reserve Ratios to European Standard In Two Years
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Central Bank Seeks to Align Minimum Reserve Ratios to European Standard In Two Years

The Romanian central bank is trying to create a clear path, regardless of the situation in Europe, that will allow it to keep lowering minimum reserve requirement ratios to align them to Eur...

Oana Gavrila · 30.09.2015 · 17:08 · 1 min
Romania's 2019 Euro Adoption Target Unfeasible, Says Central Bank
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Romania's 2019 Euro Adoption Target Unfeasible, Says Central Bank

Romania's target to adopt the single European currency in 2019 is no longer feasible and the country needs a clear timeline, agreed nationwide, before setting a target, central bank governor...

Oana Gavrila · 30.09.2015 · 16:28 · 1 min
Romania Central Bank Keeps Key Rate Unchanged at 1.75%
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Romania Central Bank Keeps Key Rate Unchanged at 1.75%

The Romanian central bank Wednesday kept its main monetary policy lending rate unchanged at 1.75% a year, in line with analysts' expectations.

Oana Gavrila · 30.09.2015 · 15:37 · 2 min
Foreign Direct Investment in Romania Stood at EUR2.4B in 2014
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Foreign Direct Investment in Romania Stood at EUR2.4B in 2014

Foreign direct investment, or FDI, in Romania amounted to EUR2.421 billion in 2014, the central bank and statistics institute INS said in a joint release Wednesday.

Oana Gavrila · 30.09.2015 · 10:58 · 1 min