CENTRAL BANK
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Romania Forex Reserves Rise To EUR31.24B In June
Romanian foreign exchange reserves rose to EUR31.24 billion in June, from EUR30.68 billion a month earlier, central bank data showed Tuesday.
Romania Central Bank Swings To RON1.25B Loss In 2013
The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs...
Romania Private Lending Further Down In May
Romanian private lending went down 0.6% on the month in real terms to 216.9 billion lei (EUR49.4 billion) in May, due to fewer loans in foreign currency, central bank data showed Thursday.
BNR To Cut Reserve Requirements Tuesday - Sources
The Romanian central bank will lower the reserve requirements for foreign currency deposits at its next monetary policy meeting July 1, following a series of recent monetary easing policies...
ECB Recommends Romania Central Bank Pay A Lower Profit Tax
The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, wh...
Isarescu Appointed For New Term As Central Bank Governor
The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years.
January-April Foreign Investments Rise 8.7% On Year To EUR785M
Romanian foreign direct investment, or FDI, rose 8.7% on the year to EUR785 million in the first four months of the year, the central bank said Friday.
Romania January-April Current Account Gap Widens To EUR298M
Romania's current account deficit widened to EUR298 million in the first four months of 2014, from a gap of EUR241 million a year earlier, largely due to higher income deficit, central bank...
BNR: Remittances From Germany, USA Exceed Those From Spain In 2013
Romanians working in Germany and the United States transferred more money home in 2013 than those working in Spain, more numerous but poorly qualified and with lower salaries, while Italy ke...