CENTRAL BANK
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Romania Runs EUR388M Current Account Surplus In January
Romania's current account balance posted a surplus of 388 million euro in January, higher than EUR267 million in the same month of 2013, helped by a surplus in the services and current trans...
Long-Term Deposits Up 30% In One Year
Individual depositors had 10.7 billion lei (EUR2.4 billion) savings kept in deposits maturing in more than a year at the end of January, a 30% increase on the year-ago period, according to R...
Romania February Forex Reserves Fall To EUR31.6B
Romanian foreign exchange reserves fell to EUR31.65 billion in February, from EUR32.91 billion a month earlier, central bank data showed Monday.
Romania Private Lending Extends Decline In January
The lending activity in Romania remained on a downward slope in January, as demand for loans remains subdued, despite interest rate reductions in recent months.
BNR Asks Lenders To Protect Depositors’ Interests
Romania’s central bank has ordered commercial lenders to take corrective action in response to customer complaints about time deposits that, upon maturity, hold less money than initially dep...
Foreign Investments Reach Four-Year High Of EUR2.7B In 2013
Romanian foreign direct investment, or FDI, rose 26.7% on the year to EUR2.72 billion in 2013, the highest level in four years, the central bank said Wednesday.
Romania 2013 Current Account Gap Narrows To EUR1.5B
Romania's current account deficit narrowed sharply to EUR1.5 billion in 2013, from a gap of EUR5.84 billion a year earlier, largely due to a smaller imbalance of the trade deficit, central b...
Romania Central Bank Cuts Key Rate By 25 Bps To 3.5%
Romania’s central bank Tuesday lowered its main monetary policy rate by a quarter of a point to a fresh all-time low of 3.5% a year, in line with market expectations.
Romania January Forex Reserves Rise To EUR32.9B
Romanian foreign exchange reserves rose to EUR32.91 billion in January, from EUR32.52 billion a month earlier, central bank data showed Monday.