CENTRAL BANK
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IMF Helped Romania Develop Consistent Policies, Isarescu Says
The International Monetary Fund helped Romania develop a mix of “consistent” policies, working as an aggregator between different institutions, central bank governor Mugur Isarescu said Wedn...
Foreign Investment In Romania Up To EUR885M In First Quarter
Romanian foreign direct investment, or FDI, rose to 885 million euros in January to March, from EUR570 million in the same period of 2014, data from the central bank showed Friday.
Romania Current Account Posts EUR406M Surplus In 1Q
Romania's current account balance posted a surplus of 406 million euros after the first quarter, up from EUR285 million at the end of February, central bank data showed Friday.
Romania Still Needs IMF-EU Partnership - Central Bank Head
Romania should continue its partnerships with international financial institutions, which ensure credibility and help lowering the country’s borrowing costs, central bank governor Mugur Isar...
Romania’s Central Bank Sees Inflation Rising To 1.9% By End-2016
Romania’s central bank sees the inflation rate slowing down to zero by the end of 2015, but the consumer prices are expected to rise in the second half of next year, according to the latest...
Isarescu: Lower Requirements Will Free Up RON3B
Romanian banks will have available for lending an additional 3 billion lei (EUR675 million) after the two-percentage point cut of the minimum reserve requirement ratio for leu deposits adopt...
BNR Sees Inflation Down To 0% Over Next 12 Months
Romania’s central bank sees the inflation rate hovering around zero for the next three to four quarters, following the government’s decision to cut the value added tax rate for all food prod...
Romania's Forex Reserves Down To EUR30.1B in April
Romanian foreign exchange reserves fell by 505 million euros to EUR30.09 billion in April, from EUR30.6 billion in the previous month, central bank data showed Monday.
Romania Private Lending Falls Further In March
Romanian private lending continued its downward trend in March, after a 0.4% monthly decline in February, central bank data showed Monday.