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BNR: Current Account Deficit Narrowed To EUR4.24B In January-November 2012
Macroeconomics

BNR: Current Account Deficit Narrowed To EUR4.24B In January-November 2012

Romania's current account deficit narrowed to EUR4.24 billion in the first 11 months of 2012, from EUR5.23 billion a year earlier, largely due to a lower income deficit and higher current tr...

Florentina Dragu · 18.01.2013 · 13:06 · 1 min
BNR Hikes Repo Cap To RON6B
Banks-Insurance

BNR Hikes Repo Cap To RON6B

Romania’s central bank capped its repurchasing operation for the 15th consecutive time Monday, but raised the repo ceiling to 6 billion lei (EUR1.37 billion), from RON4 billion a week earlie...

Florentina Dragu · 14.01.2013 · 14:03 · 1 min
Romania Central Bank Keeps Key Rate Unchanged At 5.25%
Macroeconomics

Romania Central Bank Keeps Key Rate Unchanged At 5.25%

Romania’s central bank kept its key rate unchanged at 5.25% for the sixth consecutive meeting Monday, in line with expectations, despite a lower inflation in November.

Bogdan Neagu · 07.01.2013 · 16:22 · 2 min
BNR Keeps Repo Capped At RON4B; Demand Nears RON25B
Banks-Insurance

BNR Keeps Repo Capped At RON4B; Demand Nears RON25B

Romania’s central bank (BNR) capped its repurchasing operation for the 14th consecutive time Monday, keeping the repo ceiling unchanged at 4 billion lei (EUR0.9 billion).

Bogdan Neagu · 07.01.2013 · 13:59 · 1 min
Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?
Banks-Insurance

Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?

After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says...

Neagu Bogdan Mircea · 04.01.2013 · 00:00 · 2 min
Romania Forex Reserves Down By EUR2B In 2012 To EUR31.2B
Banks-Insurance

Romania Forex Reserves Down By EUR2B In 2012 To EUR31.2B

Romania’s foreign currency reserves rose slightly in December but ended 2012 below previous year’s levels, central bank data showed Thursday.

Bogdan Neagu · 03.01.2013 · 14:47 · 1 min
BNR Caps Repo For 13th Time; Ceiling Kept At RON4B
Banks-Insurance

BNR Caps Repo For 13th Time; Ceiling Kept At RON4B

Romania’s central bank (BNR) capped its repurchasing operation for the 13th consecutive time Monday, keeping the repo ceiling unchanged at 4 billion lei (EUR0.9 billion).

Bogdan Neagu · 31.12.2012 · 14:29 · 1 min
BNR: Romania Private Lending Down 0.5% To RON229B In November
Banks-Insurance

BNR: Romania Private Lending Down 0.5% To RON229B In November

Romanian private lending fell 0.5% in real terms to 229 billion lei (EUR51.7 billion) in November, from RON230.1 billion a month earlier, central bank data showed Friday.

Bogdan Neagu · 28.12.2012 · 11:10 · 1 min
BNR Caps Repo For Eleventh Time
Banks-Insurance

BNR Caps Repo For Eleventh Time

Romania’s central bank (BNR) capped its repurchasing operation for the 11th consecutive time Monday, while keeping the repo ceiling unchanged at 4 billion lei (EUR0.89 million).

Florentina Dragu · 17.12.2012 · 13:57 · 1 min