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BNR: Romania FDI Down To EUR163M In January-February
Macroeconomics

BNR: Romania FDI Down To EUR163M In January-February

Romanian foreign direct investment, or FDI, fell to EUR163 million in the first two months, from EUR192 million in the year-earlier period, the central bank said Monday.

Bogdan Neagu · 15.04.2013 · 11:35 · 1 min
Romania Runs EUR327M Current Account Surplus In First Two Months
Macroeconomics

Romania Runs EUR327M Current Account Surplus In First Two Months

Romania's current account balance posted a surplus of EUR327 million in the first two months, versus deficit in the same period of 2012, helped by a surplus in the services segment and lower...

Bogdan Neagu · 15.04.2013 · 11:32 · 1 min
BNR Injects RON178.4M Into Market
Banks-Insurance

BNR Injects RON178.4M Into Market

Romania's central bank Monday injected 178.4 million lei (EUR40.35 million) into the money market via a one-week repurchasing agreement operation, the lowest amount since June 2011.

Florentina Dragu · 08.04.2013 · 13:36 · 1 min
Romanian Banks Use Loan Revenue To Repay Funds To Parent Groups, Says BNR Board Member
Banks-Insurance

Romanian Banks Use Loan Revenue To Repay Funds To Parent Groups, Says BNR Board Member

Romanian banks use most of their loan revenue to repay the capital received from mother banks, as the latter continue a deleveraging process started last year, an official of the central ban...

Florentina Dragu · 02.04.2013 · 15:38 · 1 min
BNR: Deposits In Bank of Cyprus Romania Protected By Local Law If Ownership Changes
Banks-Insurance

BNR: Deposits In Bank of Cyprus Romania Protected By Local Law If Ownership Changes

A potential change of ownership at Bank of Cyprus Romania would place existing deposits in the bank under local legislation, an official of the central bank said Monday.

Florentina Dragu · 01.04.2013 · 18:16 · 1 min
BNR Injects RON2.2B Into Market
Banks-Insurance

BNR Injects RON2.2B Into Market

Romania's central bank Monday pumped 2.19 billion lei (EUR496 million) into the money market via a one-week repurchasing agreement operation, at an interest rate of 5.25% a year, equal to th...

Florentina Dragu · 01.04.2013 · 13:45 · 1 min
Romania March Forex Reserves Rise Slightly To EUR32.26B
Macroeconomics

Romania March Forex Reserves Rise Slightly To EUR32.26B

Romanian foreign exchange reserves rose slightly to EUR32.2 billion in March, from EUR32.17 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 01.04.2013 · 13:44 · 1 min
Romania Central Bank Leaves Key Rate At 5.25%
Macroeconomics

Romania Central Bank Leaves Key Rate At 5.25%

Romania’s central bank kept its key rate unchanged at 5.25% for the eight consecutive meeting Thursday, a day after the bank’s chief warned of lingering inflationary expectations.

Florentina Dragu · 28.03.2013 · 16:04 · 2 min
BNR: Overdue Loans Rise To RON30.1B In February
Banks-Insurance

BNR: Overdue Loans Rise To RON30.1B In February

Romanian overdue private loans rose 2.85% on the month to 30.1 billion lei (EUR6.83 billion) in February, amounting to roughly 13.4% of the total lending, central bank data showed Wednesday.

Florentina Dragu · 27.03.2013 · 14:46 · 1 min