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BNR: Current Account Gap Narrows To EUR3.67B In First Nine Months
Macroeconomics

BNR: Current Account Gap Narrows To EUR3.67B In First Nine Months

Romania's current account deficit narrowed to EUR3.67 billion in the first nine months of 2012, from EUR4.78 billion a year earlier, largely due to a lower income deficit and higher current...

Neagu Bogdan Mircea · 12.11.2012 · 11:34 · 1 min
Macroeconomics

BNR Sees Inflation Outside Target Range Until 2H '13

Romania's central bank expects the annual inflation rate will stay outside the target range until the second half of 2013, governor Mugur Isarescu told a news conference Friday.

Neagu Bogdan Mircea · 02.11.2012 · 15:36 · 1 min
Romania Central Bank Holds Key Rate At 5.25%
Banks-Insurance

Romania Central Bank Holds Key Rate At 5.25%

Romania’s central bank kept its key rate unchanged at 5.25% for the fifth consecutive time Friday, in line with expectations, after inflation accelerated to its fastest pace in more than two...

Neagu Bogdan Mircea · 02.11.2012 · 15:17 · 1 min
BNR: Romania's Forex Reserves Rise To EUR32.4B In September
Macroeconomics

BNR: Romania's Forex Reserves Rise To EUR32.4B In September

Romanian foreign exchange reserves rose to EUR32.42 billion in September, from EUR30.95 billion a month earlier, central bank data showed Monday.

Neagu Bogdan Mircea · 01.10.2012 · 11:40 · 1 min
BNR Keeps Key Rate Unchanged At 5.25%
Macroeconomics

BNR Keeps Key Rate Unchanged At 5.25%

Romania's central bank on Thursday kept its main monetary policy rate unchanged at 5.25% a year, in line with expectations, amid higher inflationary risks due to increasing oil and food pric...

Neagu Bogdan Mircea · 27.09.2012 · 16:24 · 1 min
BNR Revises Down Romania's 2011 FDI To EUR1.8B
Macroeconomics

BNR Revises Down Romania's 2011 FDI To EUR1.8B

Romania’s central bank revised downward foreign direct investment data for 2011 to EUR1.8 billion, compared with EUR2.22 billion in the previous year.

Neagu Bogdan Mircea · 27.09.2012 · 12:03 · 1 min
Foreign Direct Investment Falls To EUR907M In First Seven Months
Macroeconomics

Foreign Direct Investment Falls To EUR907M In First Seven Months

Romanian foreign direct investment, or FDI, were down to EUR907 million in the first seven months, from EUR963 million in the same period of 2011, central bank data showed Tuesday.

Neagu Bogdan Mircea · 11.09.2012 · 14:31 · 1 min
BNR: Romania's Current Account Deficit Narrows To EUR2.4B In Jan-July
Banks-Insurance

BNR: Romania's Current Account Deficit Narrows To EUR2.4B In Jan-July

Romania's current account deficit narrowed to EUR2.44 billion in the first seven months of 2012, from EUR3.77 billion a year earlier, largely due to a lower gap of the incomes balance and a...

Neagu Bogdan Mircea · 11.09.2012 · 14:18 · 1 min
Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs
Banks-Insurance

Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but...

Radu Bostan · 07.08.2012 · 00:00 · 2 min