RESERVE
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Romania’s Gold Reserve Unchanged At 103.7 Tons Since 2007 - Central Bank
Romania’s gold reserve remained unchanged since 2007 at 103.7 metric tons and its value adjusted for international gold price stands at EUR3.93 billion, the central bank said in a statement...
Banca Transilvania Has RON4B In Cash, Looks At Acquisition Opportunities
Banca Transilvania (TLV.RO) has almost 4 billion lei (EUR1 billion) cash in its accounts from past years' profits and is looking 'carefully and interestedly' at the opportunities on the Roma...
Florin Georgescu Leaves FinMin Forex Reserve Almost As He Found It: At EUR4.4B
The Finance Ministry has a foreign currency liquidity reserve of EUR4.4 billion, only EUR200 million more than on May 8, when Florin Georgescu, the suspended first deputy governor of central...
Insurers That Cover Natural Disasters Must Hold Reserves Based On Subscriptions
Romanian insurers that cover natural disasters must hold reserves based on estimations regarding underwritten premiums on this segment and their reinsurance programs, according to norms draw...
Isarescu Gives Banks A Breath Of Fresh Air, Eases Reserve Requirements
Romanian central bank BNR has eased the minimum reserve requirements for banks, a measure that could release liquidity into the market, especially foreign-currency.
Tabara: Romania Might Increase Wheat Reserve To 1.2 Mln Tons
Romania's wheat reserve might be increased to 1.2 million tons, because of climate change and economic instability, Agriculture Minister Valeriu Tabara said Friday.
BNR Set To Discuss Monetary Policy Rate And Minimum Leu Reserve Cut
The National Bank of Romania (BNR) will discuss cutting the monetary policy interest rate and the minimum leu reserve requirements this fall in order to encourage lending in the local curren...