CENTRAL BANK
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Isarescu Sees Room For Further Rate Cuts
Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particula...
Romania Central Bank Cuts 2014 Inflation Forecast To 2.2%
Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than in...
BNR Cuts Key Rate By 25 Bps To Record Low Of 3.25%
Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu an...
Romania Forex Reserves Fall To EUR30.9B In July
Romanian foreign exchange reserves fell to EUR30.9 billion in July, from EUR31.24 billion a month earlier, central bank data showed Friday.
BNR To Cut Key Rate To 3.25% By Year-end - Poll
Romanian analysts estimate the central bank will lower its monetary policy rate by a quarter of a point to 3.25% in a three-month horizon, with half of the polled analysts expecting a rate c...
BNR: Romania Private Lending Inches Down 0.4% In June
Romanian private lending went down 0.4% on the month in real terms to 215.4 billion lei (EUR48.5 billion) in June, amid a further decline of foreign currency loans, central bank data showed...
Foreign Direct Investments Rise 14% To EUR1.1B In January-May
Romanian foreign direct investment, or FDI, rose 13.9% on the year to EUR1.09 billion in the first five months of the year, the central bank said Monday.
Romania Posts EUR351M Current Account Deficit In Jan-May
Romania's current account balance posted a deficit of EUR351 million in the first five months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data...
BNR Cuts Forex Reserve Requirements, But Keeps Key Rate Steady At 3.5%
Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for fo...