CENTRAL BANK
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Romania Not Threatened By Deflation, Central Bank Head Says
Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may eve...
BNR Sees Inflation In Negative Territory For Next 3 Quarters
Romania’s central bank cut its forecast on the inflation rate from “close to zero” to staying in negative territory over the next three quarters.
Romania Central Bank Keeps Key Rate Unchanged At 1.75%
The Romanian central bank Tuesday kept its main monetary policy lending rate unchanged at 1.75% per year in a widely expected move, as policymakers still expect the final version of the fisc...
Romania's Forex Reserves Fell To EUR29.1B In July
Romanian foreign exchange reserves fell by 959 million euros in July, as the country repaid a euro-denominated bond issue, central bank data showed Monday.
Eugen Radulescu Named As Head Of Central Bank’s Financial Stability Unit
Eugen Radulescu stepped in as manager of the financial stability unit of the country’s central bank BNR, replacing Ion Dragulin who retired.
Foreign Investment In Romania Up To EUR1.29B In January-May
Romanian foreign direct investment, or FDI, rose to 1.29 billion euros in January to May, from EUR1.09 billion in the same period of 2014, data from the central bank showed Tuesday.
Romania Current Account Posts EUR312M Deficit In First Five Months
Romania's current account balance posted deficit of 312 million euros after the first five months, compared with EUR424 million in the same period of 2014, central bank data showed Tuesday.
Romania's Forex Reserves Fell Slightly In June To EUR30.1B
Romanian foreign exchange reserves fell by 109 million euros to EUR30.11 billion in June, from EUR30.22 billion in the previous month, central bank data showed Wednesday.
Romania Central Bank Leaves Key Rate Unchanged at 1.75%
Romania’s central bank kept its main monetary policy rate unchanged at 1.75%, as fears over a possible Greece exit from the euro-zone outweighed the extremely low inflation prospects.