Results 1 - 25 from 34 for "reserve"
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Romania Forex Reserves Down To EUR58.1B In October 2023
11.01.2023
Romania's foreign exchange reserves stood at EUR58.18 billion in October 2023, lower by EUR1.05 billion than in September 2023, central bank data showed on Wednesday (November 1). more
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Romania Forex Reserves Shrink To EUR53.08B On Month In May 2023
06.02.2023
Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2). more
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Romania Forex Reserves Grow to Over EUR50B for First Time Ever, in October 2022
11.01.2022
Romania's foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion at the end of October, compared with EUR49.3 more
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Romania Forex Reserves Up to EUR40.4B End-December
01.03.2022
Romania’s foreign reserves stood at EUR40.4 billion at the end of 2021, compared with EUR39.2 billion on November 30, central bank data showed on Monday. more
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Romanian Central Bank Keeps Key Rate at 1.5%, Eases FX Reserve Requirements
11.12.2020
Romania's central bank on Thursday decided to keep its benchmark interest rate unchanged at 1.5% a year, but lowered minimum reserve requirements on foreign currency liabilities to 5% from 6%. more
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Isarescu: Gold Reserve Repatriation Entails Massive Costs
02.11.2020
Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission paid to the more
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Romanian Central Bank Holds Key Rate at 2.5% a Year, Lowers Reserve Rates
02.07.2020
Romania's central bank on Friday kept its benchmark interest rate on hold at 2.5% a year but lowered minimum reserve requirements on foreign currency liabilities to 6% from 8%. more
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Central Bank Board to Discuss Gold Reserve Repatriation Bill
04.02.2019
The central bank board meets Tuesday afternoon to discuss the Senate's adoption of a bill seeking to force the central bank to repatriate the country's gold reserve deposited abroad. more
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Central Bank Understands Need For Cash, Banks Should Not Expect Further Cut In Minimum Reserves
10.04.2018
Romania’s central bank is in no hurry to give banks cash by cutting minimum mandatory leu reserves, since it does not know whether the shortage of cash on the local interbank market will last, more
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
05.05.2017
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following more
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Central Bank Leaves Key Rate Unchanged at 1.75% Low, Cuts Reserve Ratios
09.30.2016
Romania's central bank on Friday left its benchmark interest rate unchanged at a record low 1.75% a year, but lowered minimum required reserve ratios on foreign currency liabilities to 10% from 12%. more
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Romania’s Gold Reserve Unchanged At 103.7 Tons Since 2007 - Central Bank
09.08.2016
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 Thursday more
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Central Bank Lowers Minimum Reserve Requirements, Leaves Key Rate Unchanged
01.07.2016
The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at 1.75% a year but lowered minimum reserve requirement ratios for foreign currency deposits to 12% from 14%. more
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Central Bank Seeks to Align Minimum Reserve Ratios to European Standard In Two Years
09.30.2015
The Romanian central bank is trying to create a clear path, regardless of the situation in Europe, that will allow it to keep lowering minimum reserve requirement ratios to align them to European more
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Isarescu: Lower Requirements Will Free Up RON3B
05.06.2015
Romanian banks will have available for lending an additional 3 billion lei (EUR675 million) after the two-percentage point cut of the minimum reserve requirement ratio for leu deposits adopted by the more
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OMV Petrom And Hunt Oil Find Crude Oil And Gas Reserve In Buzau
12.17.2014
OMV Petrom (SNP.RO) and Hunt Oil Company of Romania announced the discovery of a crude oil and gas reserve in southern Buzau county, following a joint exploration investment that amounts to EUR5 more
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Largest State-Run Energy Companies Sit On RON7.7B Cash Reserves
11.21.2014
The five largest state-run listed energy companies have 7.7 billion lei (EUR1.7 billion) cash in their accounts, more than one third of their market value. more
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Banca Transilvania Has RON4B In Cash, Looks At Acquisition Opportunities
08.05.2014
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 Romanian more
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Isarescu: Lower Reserve Requirements To Boost Available Liquidity By EUR500M
07.01.2014
Romanian central bank’s governor Mugur Isarescu said Tuesday that the bank’s decision to cut its minimum reserve requirements on foreign currency deposits will free around EUR500 million in more
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BNR To Cut Reserve Requirements Tuesday - Sources
06.25.2014
The Romanian central bank will lower the reserve requirements for foreign currency deposits at its next monetary policy meeting July 1, following a series of recent monetary easing policies in Europe, more
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Isarescu: Central Bank Is Ready To Cut Reserve Requirements
12.12.2013
Romania’s central bank governor Mugur Isarescu said Thursday that his institution is prepared to lower the minimum reserve requirements for both leu and foreign currency liabilities in 2014, but the more
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Isarescu Superstitious About Hiking Romania's Gold Reserves
04.29.2013
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” happened. more
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Florin Georgescu Leaves FinMin Forex Reserve Almost As He Found It: At EUR4.4B
12.26.2012
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 bank, more
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Isarescu: Leu Reserve Requirements Lowered ‘Gradually’
06.27.2012
Persistent cash shortage in the Romanian interbank market could prompt a reduction of the minimum reserve requirements for leu-denominated liabilities, but such a move would require extreme prudence, more
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Insurers That Cover Natural Disasters Must Hold Reserves Based On Subscriptions
06.08.2012
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 drawn up by more