CENTRAL BANK
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Romania Private Lending Resumes Decline In September
Romanian private lending went down 0.3% on the month in real terms in September, after a 0.2% increase in August, central bank data showed Thursday.
Romania FDI Up 27.3% To EUR1.42B In January-August
Romanian foreign direct investment, or FDI, rose 27.3% to EUR1.42 billion in the first eight months of the year, the central bank said Tuesday.
BNR: Romania Current Account Deficit Widens to EUR945M In January-August
Romania's current account balance posted a deficit of EUR945 million in the first eight months of 2014, wider than in the same period a year ago, mainly due to a wider income deficit, centra...
Fifth BNR Board After 1989 Starts Term With Euro Adoption As Main Goal
The five-year term of the current Board of Directors of Romania’s central bank (BNR) is coming to an end, so a new board comprising new and already existing members will take over next week...
Banks In Romania Rush To Slash Deposit Interest Rates
Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the...
Romania Central Bank Lends RON4.5B to Eight Banks In 7-Day Repo
Romania's central bank Thursday lent almost 4.5 billion lei (EUR1 billion) to eight commercial banks via a seven-day repurchasing agreement operation at an annual interest rate of 3%, equal...
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...
Romania Forex Reserves Rose Slightly To EUR31B In September
Romanian foreign exchange reserves stood at EUR31.06 billion at the end of September, a tad higher than EUR30.87 billion in the previous month, central bank data showed Wednesday.
Isarescu: Future Key Rate Cuts Will Depend On Inflation Outlook
Romania’s central bank will thoroughly analyze any further rate cut, as the evolution of inflation over a medium term is still uncertain, but the reduction of minimum requirements will conti...