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Capital Economics: Romania Central Bank May Cut Again Key Rate In February
Macroeconomics

Capital Economics: Romania Central Bank May Cut Again Key Rate In February

Romania’s central bank could lower again its main lending rate at the next monetary policy council in February, after this week’s 25-basis point cut, Capital Economics said Friday in a repor...

Bogdan Neagu · 09.01.2015 · 15:36 · 1 min
BNR Cuts Again Key Rate By 25 Bps, To A Record Low Of 2.5%
Macroeconomics

BNR Cuts Again Key Rate By 25 Bps, To A Record Low Of 2.5%

Romania’s central bank Wednesday cut its main monetary policy rate by 25 basis points, to a record low 2.5%, in line with market expectations.

Bogdan Neagu · 07.01.2015 · 17:07 · 2 min
Romania Forex Reserves Down By EUR0.3B To EUR32.2B In 2014
Macroeconomics

Romania Forex Reserves Down By EUR0.3B To EUR32.2B In 2014

Romanian foreign exchange reserves fell by 309 million euro to EUR32.216 billion in 2014, despite a moderate increase in December, central bank data showed Monday.

Bogdan Neagu · 05.01.2015 · 14:05 · 1 min
Overdue Loans Fall In November To Lowest Level In 2 1/2 Years, BNR Data Show
Banks-Insurance

Overdue Loans Fall In November To Lowest Level In 2 1/2 Years, BNR Data Show

The volume of overdue loans in Romania banking system fell in November to 26.8 billion lei (almost EUR6 billion), the lowest level in two years and a half, central bank data showed Monday.

Bogdan Neagu · 29.12.2014 · 15:40 · 1 min
Macroeconomics

BNR: Romania Private Lending Inches Higher In November

Romanian private lending went up 0.1% on the month in real terms in November, after a similar increase in October, central bank data showed Tuesday.

Bogdan Neagu · 23.12.2014 · 11:41 · 1 min
Romania FDI Down To EUR1.6B In First Ten Months
Macroeconomics

Romania FDI Down To EUR1.6B In First Ten Months

Romanian foreign direct investment, or FDI, went down to EUR1.59 billion in January to October, from EUR1.82 billion in the year-ago period, the central bank said Monday.

Bogdan Neagu · 15.12.2014 · 12:50 · 1 min
BNR: Romania Current Account Deficit Narrows To EUR263M In January-October
Macroeconomics

BNR: Romania Current Account Deficit Narrows To EUR263M In January-October

Romania's current account balance posted a deficit of EUR263 million in the first ten months of 2014, compared with EUR675 million in the same period a year ago, mainly due to a wider servic...

Bogdan Neagu · 15.12.2014 · 12:42 · 1 min
Romania Forex Reserves Down To EUR31.5B In November
Macroeconomics

Romania Forex Reserves Down To EUR31.5B In November

Romanian foreign exchange reserves fell to 31.47 billion euros at the end of November, from EUR32.2 billion euros a month before, after a change in the mandatory reserve requirements, centra...

Bogdan Neagu · 02.12.2014 · 13:55 · 1 min
BNR: Private Lending Inches Higher In October
Macroeconomics

BNR: Private Lending Inches Higher In October

Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday.

Bogdan Neagu · 25.11.2014 · 12:49 · 1 min