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Romania's Total External Debt Up By EUR14.1B In Jan-Aug 2024, To EUR182.5B
Macroeconomics

Romania's Total External Debt Up By EUR14.1B In Jan-Aug 2024, To EUR182.5B

Romania's total external debt (public and private) increased by EUR14.1 billion in January-August 2024 versus December 31, 2023, up to EUR182.5 billion, central bank also showed on October 1...

Ecaterina Craciun · 14.10.2024 · 16:32 · 1 min
Romania's Central Bank Holds Key Rate Steady At 6.5% a Year
Banks-Insurance

Romania's Central Bank Holds Key Rate Steady At 6.5% a Year

Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.

Ecaterina Craciun · 04.10.2024 · 16:32 · 8 min
Romania's Central Bank Authorizes BLIK ROMANIA Instant Payment System
Banks-Insurance

Romania's Central Bank Authorizes BLIK ROMANIA Instant Payment System

The Board of Directors of Romania's central bank authorized on October 1, 2024 the operation in Romania of Polish instant payment system BLIK.

Ecaterina Craciun · 03.10.2024 · 18:59 · 1 min
Romania Forex Reserves Rise To EUR65.77B In September 2024
Banks-Insurance

Romania Forex Reserves Rise To EUR65.77B In September 2024

Romania's foreign exchange reserves increased by EUR2.5 billion over the course of September 2024, up to EUR65.77 billion at the end of the month, compared with EUR63.18 billion at the end o...

Ecaterina Craciun · 01.10.2024 · 15:49 · 1 min
Statistical Data: Foreign Direct Investment In Romania At EUR6.74B In 2023 vs Record High Of EUR10B In 2022
Macroeconomics

Statistical Data: Foreign Direct Investment In Romania At EUR6.74B In 2023 vs Record High Of EUR10B In 2022

Romania attracted foreign direct investments (FDI) totaling EUR6.74 billion in 2023, compared with a record level of EUR10 billion reported for 2022, an analysis by the country's central ban...

Ecaterina Craciun · 30.09.2024 · 17:25 · 1 min
Romania Private Lending Up 7.7% YoY to RON407B In August 2024
Banks-Insurance

Romania Private Lending Up 7.7% YoY to RON407B In August 2024

Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024).

Ecaterina Craciun · 24.09.2024 · 16:41 · 1 min
Romania’s Central Bank Expects Inflation To Drop To 4% In December 2024 And 3.4% At End Of 2025
Macroeconomics

Romania’s Central Bank Expects Inflation To Drop To 4% In December 2024 And 3.4% At End Of 2025

Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of...

Loredana Frățilă-Cristescu · 20.08.2024 · 18:43 · 4 min
Romania's Central Bank Cuts Inflation Forecast To 4% For End-2024 From 4.9% Previously
Macroeconomics

Romania's Central Bank Cuts Inflation Forecast To 4% For End-2024 From 4.9% Previously

Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (Augus...

Ecaterina Craciun · 09.08.2024 · 16:27 · 2 min
Romanian Central Bank Cuts Key Rate To 6.50% A Year From 6.75% A Year
Banks-Insurance

Romanian Central Bank Cuts Key Rate To 6.50% A Year From 6.75% A Year

Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a year, starting August 8.

Ecaterina Craciun · 07.08.2024 · 16:30 · 8 min