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Romania Central Bank Holds Key Rate At 5.25%
Banks-Insurance

Romania Central Bank Holds Key Rate At 5.25%

Romania’s central bank kept its key rate unchanged at 5.25% for the seventh consecutive meeting Tuesday, in line with expectations, despite a weakening economy.

Bogdan Neagu · 05.02.2013 · 16:07 · 2 min
BNR Ups Repo Ceiling To RON10B
Banks-Insurance

BNR Ups Repo Ceiling To RON10B

Romania’s central bank capped its repurchasing operation for the 18th consecutive time Monday, but raised the repo ceiling to 10 billion lei (EUR2.28 billion), from RON9 billion a week earli...

Florentina Dragu · 04.02.2013 · 14:22 · 1 min
Romania Forex Reserves Rise To EUR31.46B In January
Macroeconomics

Romania Forex Reserves Rise To EUR31.46B In January

Romanian foreign exchange reserves rose to EUR31.46 billion in January, from EUR31.2 billion a month earlier, central bank data showed Friday.

Florentina Dragu · 01.02.2013 · 13:39 · 1 min
BNR To Leave Key Rate Unchanged At 5.25% In 2013 - Poll
Banks-Insurance

BNR To Leave Key Rate Unchanged At 5.25% In 2013 - Poll

Romanian analysts see little room for monetary policy easing in 2013 and estimate the central bank will keep its main rates unchanged at 5.25% throughout the year, according to an in-house s...

Florentina Dragu · 01.02.2013 · 13:00 · 1 min
BNR Raises Repo Cap To RON9B. Demand Reaches Record High
Banks-Insurance

BNR Raises Repo Cap To RON9B. Demand Reaches Record High

Romania’s central bank capped its repurchasing operation for the 17th consecutive time Monday, but raised the repo ceiling to 9 billion lei (EUR2.06 billion), from RON6 billion a week earlie...

Florentina Dragu · 28.01.2013 · 14:10 · 1 min
BNR Sees 2013 Inflation Above Target Interval
Banks-Insurance

BNR Sees 2013 Inflation Above Target Interval

The Romanian central bank (BNR) informed the International Monetary Fund it will likely miss the inflation target for 2013 as well, after failing in six of the previous eight attempts, offic...

Bogdan Neagu · 25.01.2013 · 15:59 · 1 min
BNR: Romania Private Lending Down 3.5% To RON225.9B In 2012
Macroeconomics

BNR: Romania Private Lending Down 3.5% To RON225.9B In 2012

Romanian private lending fell 3.5% in real terms to 225.87 billion lei (EUR51.7 billion) in December 2012, compared with the same month a year before, central bank data showed Thursday.

Neagu Bogdan Mircea · 24.01.2013 · 11:33 · 1 min
BNR Keeps Repo Cap At RON6B
Banks-Insurance

BNR Keeps Repo Cap At RON6B

Romania’s central bank capped its repurchasing operation for the 16th consecutive time Monday, while maintaining the repo ceiling unchanged at 6 billion lei (EUR1.38 billion).

Florentina Dragu · 21.01.2013 · 14:07 · 1 min
Romania January-November FDI Rises 4% To EUR1.44B
Macroeconomics

Romania January-November FDI Rises 4% To EUR1.44B

Romanian foreign direct investment, or FDI, rose 3.8% on the year to EUR1.44 billion in January through November 2012, from EUR1.38 billion a year earlier, central bank data showed Friday.

Florentina Dragu · 18.01.2013 · 13:12 · 1 min