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Romania Forex Reserves Fall To EUR31.8B In October
Macroeconomics

Romania Forex Reserves Fall To EUR31.8B In October

Romanian foreign exchange reserves fell to EUR31.77 billion in October, from EUR32.42 billion a month earlier, central bank data showed Thursday.

Florentina Dragu · 01.11.2012 · 14:49 · 1 min
Poll: Romania Central Bank To Keep Main Rates Unchanged Friday
Banks-Insurance

Poll: Romania Central Bank To Keep Main Rates Unchanged Friday

Romania’s central bank is likely to leave its key rate unchanged at 5.25% for a fifth straight time at its monetary policy meeting due November 2, banking analysts said Wednesday.

Florentina Dragu · 31.10.2012 · 12:53 · 1 min
BNR Caps Repo For Fourth Week; Ceiling Drops To RON4B
Banks-Insurance

BNR Caps Repo For Fourth Week; Ceiling Drops To RON4B

Romania’s central bank has capped its weekly repurchasing operation for a fourth straight time Monday, reducing the available amount to 4 billion lei (EUR876 million), from RON5 billion a we...

Florentina Dragu · 29.10.2012 · 14:30 · 1 min
Romania Misses 2015 Euro Adoption. New Government To Decide On New Target, Central Bank Says
Banks-Insurance

Romania Misses 2015 Euro Adoption. New Government To Decide On New Target, Central Bank Says

Romania’s euro-zone entry in 2015 is difficult to achieve and the new government that will be formed after December’s parliamentary elections is set to decide if the timeline for adopting th...

Neagu Bogdan Mircea · 29.10.2012 · 00:00 · 2 min
Olteanu, BNR: Banks Should Rethink Financing Policies
Banks-Insurance

Olteanu, BNR: Banks Should Rethink Financing Policies

Romanian banks should rethink their financing policies and focus on new resources, considering that parent banks are cutting funding to their subsidiaries, central bank deputy governor Bogda...

Florentina Dragu · 25.10.2012 · 15:35 · 1 min
BNR: Overdue Loans Up 3% To RON27.8B In September
Banks-Insurance

BNR: Overdue Loans Up 3% To RON27.8B In September

Romanian overdue private loans rose 2.96% on the month to 27.8 billion lei (EUR6.05 billion) in September, equal to 11.9% of the total lending, central bank data showed Wednesday.

Florentina Dragu · 24.10.2012 · 13:35 · 1 min
BNR: Private Lending Slightly Up To RON230.8B In September
Banks-Insurance

BNR: Private Lending Slightly Up To RON230.8B In September

Romanian private lending inched up 0.1% in real terms to 230.78 billion lei (EUR50.4 billion) in September, from RON227.93 billion a month earlier, central bank data showed Tuesday.

Bogdan Neagu · 23.10.2012 · 11:16 · 1 min
BNR Caps Repo Operation At RON5B
Banks-Insurance

BNR Caps Repo Operation At RON5B

Romania’s central bank has capped its weekly repurchasing operation for a third straight time Monday, limiting the available amount to 5 billion lei (EUR1.1 billion).

Florentina Dragu · 22.10.2012 · 14:16 · 1 min
BNR Pumps RON6B Into Market; Demand Hits Record High
Banks-Insurance

BNR Pumps RON6B Into Market; Demand Hits Record High

Romania's central bank Monday injected just 6 billion lei (EUR1.3 billion) into the money market via a one-week repurchase agreement operation, despite a record demand from commercial lender...

Florentina Dragu · 15.10.2012 · 14:12 · 1 min