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BNR Caps Repo Operations For Second Week
Banks-Insurance

BNR Caps Repo Operations For Second Week

Romania’s central bank, or BNR, has capped its weekly repurchasing operation for a second straight time Monday, limiting the available amount to 6 billion lei (EUR1.3 billion).

Florentina Dragu · 15.10.2012 · 13:35 · 1 min
Romania FDI Up 55% On Year To EUR941M In January-August
Macroeconomics

Romania FDI Up 55% On Year To EUR941M In January-August

Romanian foreign direct investment, or FDI, rose 55% on the year to EUR941 billion in January through August, the first increase since the end of 2008, central bank data showed Monday.

Florentina Dragu · 15.10.2012 · 13:13 · 1 min
BNR: Romania's Current Account Deficit Narrows To EUR3.12B In First Eight Months
Macroeconomics

BNR: Romania's Current Account Deficit Narrows To EUR3.12B In First Eight Months

Romania's current account deficit narrowed to EUR3.12 billion in the first eight months of 2012, from EUR4.05 billion a year earlier, largely due to a lower income deficit and higher current...

Florentina Dragu · 15.10.2012 · 12:52 · 1 min
BNR Injects RON6B In One Week Repo
Banks-Insurance

BNR Injects RON6B In One Week Repo

Romania's central bank (BNR) Monday injected 6 billion lei (EUR1.3 billion) into the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to...

Florentina Dragu · 08.10.2012 · 14:42 · 1 min
BNR Caps Repo Operations To Support The Leu
Banks-Insurance

BNR Caps Repo Operations To Support The Leu

Romania’s central bank (BNR) has capped its weekly repurchasing operation at 6 billion lei (around EUR1.3 billion) Monday in a bid to drive overnight rates higher and help a weakening leu.

Florentina Dragu · 08.10.2012 · 12:56 · 1 min
BNR Wants Stricter Foreign-Currency Lending Rules
Banks-Insurance

BNR Wants Stricter Foreign-Currency Lending Rules

Romania’s central bank will implement stricter rules regarding foreign-currency lending, and prospective borrowers must prove they can put up with severe shocks to the exchange rate.

Ioana Tudor · 02.10.2012 · 21:00 · 1 min
BNR Pumps RON12.6B Into Market
Banks-Insurance

BNR Pumps RON12.6B Into Market

Romania's central bank Monday injected 12.62 billion lei (EUR2.79 billion) into the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to...

Florentina Dragu · 01.10.2012 · 15:03 · 1 min
BNR: Romania's Forex Reserves Rise To EUR32.4B In September
Macroeconomics

BNR: Romania's Forex Reserves Rise To EUR32.4B In September

Romanian foreign exchange reserves rose to EUR32.42 billion in September, from EUR30.95 billion a month earlier, central bank data showed Monday.

Neagu Bogdan Mircea · 01.10.2012 · 11:40 · 1 min
BNR Keeps Key Rate Unchanged At 5.25%
Macroeconomics

BNR Keeps Key Rate Unchanged At 5.25%

Romania's central bank on Thursday kept its main monetary policy rate unchanged at 5.25% a year, in line with expectations, amid higher inflationary risks due to increasing oil and food pric...

Neagu Bogdan Mircea · 27.09.2012 · 16:24 · 1 min