ISARESCU
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BNR: Loans Could Get Cheaper By Summer’s End
The central bank’s decision to ease its monetary policy should reflect into lower loan rates in the local market over the coming months, the bank’s chief said Monday.
Isarescu Says New IMF Deal To Keep Financing Costs Down
Romanian central bank’s chief Mugur Isarescu on Monday said the government should try to secure a new financial package from its international partners to keep borrowing costs at low levels.
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.
Leu-Euro Fluctuations Of 5%-6% Are Reasonable, Says Isarescu
Romania’s central bank is keeping a close eye to the leu’s evolution against the euro, but movements of 5% to 6% on either side are “reasonable,” the bank’s chief Mugur Isarescu said Wednesd...
Isarescu: Lenders Should Cut Rates To Boost Demand
Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank...
Isarescu: BNR Will Begin Rate Cut Cycle
Romania’s central bank plans to begin a monetary policy easing cycle, as soon as the next board meeting scheduled for July 1, hoping the economic developments will not stop the process, gove...
Isarescu Superstitious About Hiking Romania's Gold Reserves
The head of the Romanian central bank says the country does not need to increase its gold reserve above 100 metric tons as each time the reserves rose past that level “something bad” happene...
Romanian Banks May Be Required To Specify Who Guarantees Savings Deposits
Romanian banks will be required to specify in their savings account offers the entity that guarantees the deposits to avoid any possible misunderstanding, central bank governor Mugur Isaresc...
Isarescu: Romania Might See Capital Inflows From Cyprus After Controls Lifted
Romania might witness capital inflows from Cyprus after the eurozone country lifts capital controls, Romanian central bank governor Mugur Isarescu said Thursday.