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Romania Forex Reserves Fall To EUR30.7B In May
Banks-Insurance

Romania Forex Reserves Fall To EUR30.7B In May

Romanian foreign exchange reserves fell to EUR30.68 billion in May, from EUR32.44 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 02.06.2014 · 13:30 · 1 min
BNR: Private Lending Falls Slightly In April
Banks-Insurance

BNR: Private Lending Falls Slightly In April

Romanian private lending edged down 0.1% on the month in real terms to 218.3 billion lei (EUR49.43 billion) in April, due to fewer loans in foreign currency, central bank data showed Monday.

Florentina Dragu · 26.05.2014 · 11:54 · 1 min
Foreign Investments Rise 30% To EUR570M In January-March
Macroeconomics

Foreign Investments Rise 30% To EUR570M In January-March

Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday.

Florentina Dragu · 15.05.2014 · 12:22 · 1 min
Romania Current Account Swings To EUR261M Deficit In 1Q
Macroeconomics

Romania Current Account Swings To EUR261M Deficit In 1Q

Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed...

Florentina Dragu · 15.05.2014 · 12:17 · 1 min
Popa, BNR: Swiss-Franc Loan Exposure In Romania At Low Levels
Banks-Insurance

Popa, BNR: Swiss-Franc Loan Exposure In Romania At Low Levels

Romania’s exposure to Swiss-franc loans is at 4.1% of total private loans, a sensibly lower ratio compared to other European countries, an official of the central bank said Thursday.

Florentina Dragu · 08.05.2014 · 18:06 · 1 min
BNR Cuts 2014 Inflation Forecast To 3.3%
Macroeconomics

BNR Cuts 2014 Inflation Forecast To 3.3%

Romania’s central bank (BNR) Tuesday revised slightly down its inflation forecast to 3.3% this year from 3.5% previously and said inflationary pressures are expected to remain at moderate le...

Florentina Dragu · 06.05.2014 · 16:36 · 1 min
Romania Central Bank Holds Key Rate At 3.5%
Macroeconomics

Romania Central Bank Holds Key Rate At 3.5%

Romania’s central bank kept its key lending rate unchanged at 3.5% for a second consecutive meeting Tuesday, in line with economists’ expectations.

Florentina Dragu · 06.05.2014 · 12:26 · 1 min
BNR To Leave Key Rate At 3.5% Tuesday - Poll
Banks-Insurance

BNR To Leave Key Rate At 3.5% Tuesday - Poll

Romanian analysts estimate the central bank will leave its monetary policy rate unchanged at 3.5% at the upcoming meeting May 6, amid mounting tensions in Ukraine and higher inflationary pre...

Florentina Dragu · 02.05.2014 · 15:55 · 1 min
Romania Forex Reserves Rise To EUR32.4B In April
Macroeconomics

Romania Forex Reserves Rise To EUR32.4B In April

Romanian foreign exchange reserves rose to EUR32.44 billion in April, from EUR31.27 billion a month earlier, central bank data showed Friday.

Florentina Dragu · 02.05.2014 · 14:02 · 1 min