ISARESCU
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Romania's Central Bank Cuts Inflation Forecast To 4% For End-2024 From 4.9% Previously
Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (August 9) at the "Inflation Report, August 2024" press conference.
Isarescu Says Banks Crossed The Line And Took ROBOR Index Way Above The Key Rate
Banks have crossed the line and taken the ROBOR index way above the central bank’s policy interest rate, Romania’s central bank governor Mugur Isarescu said Tuesday at a press briefing on th...
Romania Central Bank Expects Inflation To Be At 13.9% In Dec 2022 And 2.3% In June 2024
Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented...
Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news con...
Romania Central Bank Governor: Leu More Stable Than Currencies Used for Comparison
The leu exchange rate is showing strengthening not depreciation and, unlike the floating exchange rate policies of Hungary, Czech Republic and Poland, Romania’s central bank (BNR) kept the e...
C Banker: Romania's Public Debt Would Do Well to Stay Below 60%
Romania's public debt should stay below 60% of the gross domestic product, or even 55%, and the country's budget deficit should return to below 3% within a reasonable time frame,central bank...
Ex PM Viorica Dancila Appointed Advisor to Central Bank Governor
Romania's former social-democrat prime minister Viorica Dancila has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday.
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...
Isarescu: Central Bank’s Immediate Objective Is To Ensure Liquidity For Financing Budget Expenditure, Real Economy
The immediate objective of the National Bank of Romania (NBR) is to ensure the liquidity necessary to finance budget expenditures and the real economy, central bank governor Mugur Isarescu t...