CENTRAL BANK
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BNR May Cut Key Rate To 3.5% Tuesday – Poll
Romanian analysts estimate the central bank will cut its monetary policy rate by a quarter of a point to 3.5% at the upcoming meeting February 4, a survey from the Association of Romanian Fi...
Romania Private Lending Falls 4.7% To RON218.5B In 2013, BNR Data Shows
Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Mon...
Banks Expected To End 2013 In The Black
Romania’s banking system probably ended 2013 in the black after having posted cumulated net profit of 1.73 billion lei (EUR381 million) in January-November compared with a RON2.3 billion los...
Romania January-November FDI Hits 4-Year High Of EUR2.4B
Romanian foreign direct investment, or FDI, rose 22.3% on the year to EUR2.38 billion in January-November last year, the highest level in four years, the central bank said Friday.
BNR: Romania's Current Account Gap Narrows To EUR1.33B After First 11 Months
Romania's current account balance posted a deficit of EUR1.33 billion in the first 11 months of last year, well below a gap of EUR5.38 billion in the same period of 2012, central bank data s...
BNR Still Has Room To Ease Monetary Policy, Governor Says
The Romanian central bank still has room to ease the monetary policy, as the minimum reserve requirements and the key rate are rather high compared with the other countries in the region, go...
Isarescu: Banks Aggresively Cut Short-term Deposits Rates, But Kept "Attractive" Long-term Interests
Romanian banks have cut the interest rates for short-term deposits, but the rates for longer term savings are still attractive compared with the ones offered on the international markets, ce...
Romania Central Bank Cuts Key Rate By 25 Bps To All-time Low Of 3.75%
Romania’s central bank Wednesday cut the key monetary policy rate by 25 basis points to a record low of 3.75%, in a move aimed at restarting a sluggish lending activity.
Romania’s Gold Reserves Lost $1.5B In Value In 2013
The reduction by almost 30% of the international gold prices in 2013, a first for the past 12 years, cut deep into the value of major central banks’ reserves, which piled up during the crisi...