CENTRAL BANK
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BNR Injects RON6B Into Market; Demand Climbs To Record RON24.3B
The Romanian central bank Monday pumped 6 billion lei (EUR1.32 million) into the money market via a one-week repurchasing agreement operation at an interest rate of 5.25% a year, equal to th...
BNR Ups Repo Ceiling To RON6M
Romania’s central bank (BNR) capped its repurchasing operation for the sixth consecutive week Monday, but has increased the repo ceiling to 6 billion lei (EUR1.32 million), from RON4 billion...
Romania FDI Up 29% On Year To EUR1.1B In January-September
Romanian foreign direct investment, or FDI, rose 29% on the year to EUR1.1 billion in January through September, the central bank data showed Monday.
BNR: Current Account Gap Narrows To EUR3.67B In First Nine Months
Romania's current account deficit narrowed to EUR3.67 billion in the first nine months of 2012, from EUR4.78 billion a year earlier, largely due to a lower income deficit and higher current...
BNR Governor Sees No Immediate Policy Tightening
Romanian central bank governor Mugur Isarescu said Wednesday that the weak domestic demand is prompting the bank to keep a prudent stance regarding a possible tighter monetary policy, despit...
Romania Central Bank Lifts 2012 Inflation Forecast To 5.1%
The Romanian central bank has revised upwards the forecast on the annual inflation rate from 3.2% to 5.1% in 2012, which is more than a percentage point higher than the upper limit of its ta...
BNR Caps Repo For Fifth Week; Ceiling Stays At RON4B
Romania’s central bank has capped its weekly repurchasing operation for a fifth straight time Monday, keeping the available amount at 4 billion lei (EUR884 million).
BNR Sees Inflation Outside Target Range Until 2H '13
Romania's central bank expects the annual inflation rate will stay outside the target range until the second half of 2013, governor Mugur Isarescu told a news conference Friday.
Romania Central Bank Holds Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the fifth consecutive time Friday, in line with expectations, after inflation accelerated to its fastest pace in more than two...