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Romania Central Bank Caps Again Repo Operations
Banks-Insurance

Romania Central Bank Caps Again Repo Operations

Romania’s central bank has capped the amount offered at its weekly repurchase operations for a second consecutive time Monday, according to bank data.

Florentina Dragu · 13.08.2012 · 15:09 · 1 min
Foreign Direct Investment Falls To EUR625M In First Six Months
Macroeconomics

Foreign Direct Investment Falls To EUR625M In First Six Months

Romanian foreign direct investment, or FDI, were down 28.9% on the year to EUR625 billion in the first half, central bank data showed Monday.

Bogdan Neagu · 13.08.2012 · 12:37 · 1 min
BNR: Romania's Current Account Deficit Down To EUR2.4B In First Half
Macroeconomics

BNR: Romania's Current Account Deficit Down To EUR2.4B In First Half

Romania's current account deficit narrowed to EUR2.4 billion in the first half of 2012, from a gap of EUR3.4 billion a year earlier, largely due to a higher current transfer surplus, central...

Bogdan Neagu · 13.08.2012 · 12:36 · 1 min
Central Bank Caps Repo Loan Amount At RON6B
Banks-Insurance

Central Bank Caps Repo Loan Amount At RON6B

Romania’s central bank said it has capped at 6 billion lei (EUR1.3 billion) the amount offered at its weekly sale and repurchase agreement operation Monday, the first such restriction since...

Florentina Dragu · 06.08.2012 · 14:31 · 1 min
BNR Keeps 2012 CPI Forecast Unchanged; Warns Of Inflationary Risks
Macroeconomics

BNR Keeps 2012 CPI Forecast Unchanged; Warns Of Inflationary Risks

Romania’s central bank Monday left its forecast on the year-end inflation unchanged at 3.2% in 2012, but warned of increased inflationary risks coming from higher prices in international mar...

Florentina Dragu · 06.08.2012 · 12:35 · 1 min
Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low
Macroeconomics

Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low

Romania’s central bank (BNR) on Monday makes its first principal payment on Romania’s EUR12 billion loan from the IMF, amounting to around EUR670 million from its forex reserve.

Oana Gavrila · 06.08.2012 · 00:00 · 2 min
ING: BNR’s Forex Interventions At EUR1B In July
Banks-Insurance

ING: BNR’s Forex Interventions At EUR1B In July

The Romanian central bank has injected a little over EUR1 billion in the money market in July to contain the leu’s depreciation against the euro, according to estimates of ING Bank Romania.

Florentina Dragu · 02.08.2012 · 14:14 · 1 min
Romania Forex Reserves Slightly Down To EUR32.1B In July
Macroeconomics

Romania Forex Reserves Slightly Down To EUR32.1B In July

Romanian foreign exchange reserves fell slightly to EUR32.14 billion in July, from EUR32.96 billion a month earlier, central bank data showed Wednesday.

Florentina Dragu · 01.08.2012 · 13:50 · 1 min
BNR To Leave Key Rate On Hold Thursday - Poll
Banks-Insurance

BNR To Leave Key Rate On Hold Thursday - Poll

Romania’s central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a third straight time at its monetary policy meeting due August 2, banking analysts said Tuesd...

Florentina Dragu · 31.07.2012 · 16:40 · 1 min