CENTRAL BANK
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Romania FDI Slightly Up To EUR1.5B In First Nine Months
Romanian foreign direct investment, or FDI, rose 1.4% on the year to EUR1.51 billion in January to September, the central bank said Thursday.
BNR: Romania Current Account Deficit Widens to EUR558M In January-September
Romania's current account balance posted a deficit of EUR558 million in the first nine months of 2014, wider than in the same period a year ago, mainly due to a wider income deficit, central...
BNR Sees Inflation Down To 1.1% In 1Q ‘15
The Romanian central bank estimates the annual inflation will fall below 1.5% at the beginning of next year, but then will return in its target interval in the second and third quarters.
After Rate Cut, Isarescu Tells Again Bankers To Go Look For Customers
Romania’s central bank on Tuesday cut the key rate again, to 2.75%, in another attempt to encourage lending. Governor Mugur Isarescu urges banks to get close to their customers and not expec...
Romania Central Bank Cuts Key Rate By 25 Bps To 2.75%
Romania’s central bank Tuesday cut its main monetary policy rate by 25 basis points, to a record low of 2.75%, as inflation is still below its target while the economic growth is slowing dow...
BNR Cuts 2014 Inflation Forecast to 1.5%
The Romanian central bank cut again its forecast on the inflation rate for this year and the next, governor Mugur Isarescu told a news conference Tuesday.
Romania Forex Reserves Rise To EUR32.2B In October
Romanian foreign exchange reserves increased to 32.2 billion euros at the end of October, from EUR31.1 billion a month before, fueled by proceeds from the country’s 10-year Eurobond, central...
Romania Central Bank Expected To Cut Key Rate To 2.75% Tuesday
Romania’s central bank might cut the key rate to 2.75% in its Tuesday monetary policy board meeting, while keeping requirement ratio for leu deposits unchanged, according to a survey of the...
PM: Romania’s Central Bank Likely To Cut Key Rate To Less Than 3%
Romania’s central bank may cut its main monetary policy rate to less than 3% a year in the upcoming days, Prime Minister Victor Ponta said Tuesday.