ISARESCU
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BNR Reports Profit On Currency After Installment Repayment To IMF
Romanian central bank governor Mugur Isarescu Monday said the bank has made profit on currency movements after repaying the first tranche of the country’s EUR12.95 billion loan agreement wit...
Isarescu Says Leu’s Depreciation Vs Euro ‘Reasonable’
Romanian central bank governor Mugur Isarescu Monday said the leu’s depreciation against the euro has been within “reasonable” limits considering the latest developments on the local politic...
BNR: Foreigners Sold Billions In Romanian Treasuries
Romanian central bank governor Mugur Isarescu Thursday said foreign investors have sold government paper worth several billions of lei in the past months, which influenced the leu’s exchange...
Isarescu: Economy Might Grow Slower Than Expected, Data Call For Revised Outlook
Romania’s economy might grow at a slower pace than expected in 2012, central bank governor Mugur Isarescu said Thursday, adding that the indicators available so far would call for a revised...
BNR Governor Concerned Over Political Tensions
Romanian central bank governor Mugur Isarescu Thursday expressed concern over a lingering political crisis between the government and the president, urging for a resolution of the conflict.
Central Bank Governor Reluctant To Comment On Political Situation
Mugur Isarescu, the governor of the National Bank of Romania (BNR), on Thursday was very reluctant to comment the situation on the local political scene, which is keeping the leu under press...
Isarescu: Romania Needs More Investments
Romanian central bank governor Mugur Isarescu Thursday said the economy needs more investments to fuel growth and stepping up European fund absorption is one way to attract the necessary cap...
Isarescu Concerned Over High Yields On Forex Deposits
Romania’s central bank Thursday voiced concerns that commercial lenders might not be able to offer high yields on foreign currency deposits without taking losses in the medium term.
BNR: Economy Unlikely To Benefit From A Weaker Leu
The Romanian economy is unlikely to benefit from a weaker leu, because local production capacity is insufficient to sustain a market less reliant on imports, the central bank’s head Mugur Is...