INTEREST RATES
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Central Bank To Pursue Sustainable Trend of Gradual Decline in Interest Rates
The main risks for Romania’s economy and finance are related to public health developments and the central bank will continue to steer measures towards providing necessary liquidity while sa...
Three-Month Money Market Rate Falls To 2.87%, Lowest Level Of Last 13 Months
Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, kept falling on Thursday (March 5), reaching...
Three-Month Money Market Rate Drops to 2.89%, Lowest Level in a Year
Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.89% a year Wednesday, the lowest...
Finance Minister Says Central Bank Could Lower Interest Rates
Romanian finance minister Florin Citu said Thursday the central bank could lower interests as soon as possible if it intends to do so.
Coface: More Difficult Access To Financing, Higher Interest Rates To Negatively Impact Business Environment In 2019
The current economic context will become increasingly volatile in the coming period, impacted by the mix of domestic legislative measures and the external economic and political developments...
Study: Capping Interest Rates Reduces Lending, Consumption, Affects Investments
A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth le...
Nedelcu, Saxo Bank: Low Interest Rates In Romanian Banking System, A Chance For Diversification
Interest rates on bank deposits offered by banks in Romania reached record lows, prompting more investors to focus on the capital market in search of more effective methods to place their sa...
Isarescu: Bank Clients Should Follow Real Interest Rates
Customers that place their money in bank deposits should rather look at the real interest rate, which currently is higher than a few years ago, central bank governor Mugur Isarescu said Tues...
Isarescu: Some Banks Cut Deposit Rates Too Much
Some banks have cut the interest rates at deposits too much, due to the liquidity surplus, but lenders still have room to reduce the loan rates, according to Romania’s central bank governor...