CENTRAL BANK
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BNR: Romania Private Lending Falls To RON220B In April
Romanian private lending fell 1.9% in real terms to 220 billion lei (EUR50.4 billion) in April, from RON223.8 billion a month earlier, central bank data showed Monday.
BNR Injects RON681M In One Week Repo
Romania's central bank BNR Monday pumped 681 million lei (roughly EUR157 million) into the money market via a seven-day repurchasing agreement operation, at an interest rate of 5.25%, equal...
2013 Could Be The Year Of Transactions In Banking
The sale of Citibank and RBS Bank’s retail portfolios broke the ice on the market of banking transactions, but this year is expected to bring major shareholder changes for at least three of...
BNR: Romania FDI Falls To EUR211M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR211 million in the first quarter, from EUR360 million in the year-earlier period, the central bank said Wednesday.
Romania Runs EUR69M Current Account Surplus In 1Q
Romania's current account balance posted a surplus of EUR69 million in the first quarter versus deficit in the year-ago period, helped by a surplus in the services segment and narrower incom...
Bankers Won’t Cut Interest Rates Because Central Bank Says So
Steven van Groningen, chief executive of Raiffeisen Bank, says loan interest rates will be gradually cut, but the cuts will be made depending on market conditions, not because somebody order...
Demand At BNR's Repo Auction Hits 23-Month Low
Romania's central bank Monday injected 106.7 million lei (EUR24.6 million) into the money market in a one-week repurchasing agreement operation, the lowest amount since June 2011, as interba...
Romania Central Bank Cuts 2013 Inflation Forecast To 3.2%
Romania’s central bank Wednesday revised downward its inflation forecast for 2013 to 3.2% from 3.5% previously, reflecting a lower inflationary impact of fuel and volatile prices.
BNR Injects RON665M In Six-Day Repo
Romania's central bank Monday pumped 665.4 million lei (EUR154.5 million) into the money market via a six-day repurchasing agreement operation, at an interest rate of 5.25%, equal to the mon...