03.23.2023

Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with central more

03.01.2023

Romania's foreign exchange reserves stood at EUR52 billion on February 28, 2023, higher by EUR1.8 billion versus January 2023, central bank data showed Wednesday (March 1). more

02.22.2023

Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board of more

02.15.2023

Romania's central bank revised downwards its inflation forecast for end-2023 to 7% from its previous December projection of 11.2%, central bank governor Mugur Isarescu said on Wednesday (Feb 15) at a more

02.09.2023

Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year. more

01.13.2023

The net flow of foreign direct investment (FDI) stood at EUR10.2 billion in January-November 2022, Romania’s central bank said in its latest statement. more

01.10.2023

Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to 7% a year more

01.06.2023

One of the positive pieces of news at the end of 2022, with a relevant contribution for Romania’s macroeconomic and financial stability in 2023, is that the country’s international reserves more

12.20.2022

The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank. more

11.14.2022

Romania's central bank revised upwards its 2022 year-end inflation forecast to 16.3%, from its previous August forecast of 13.9%, central bank governor Mugur Isarescu said Monday (Nov 14) at a press more

11.08.2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

10.20.2022

Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values ​​estimated for the short term in the latest medium-term forecast, according to the more

10.07.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew slightly to 7.96% a year on Friday more

10.05.2022

Romania's central bank has decided at its board meeting on Wednesday (October 5) to raise its benchmark interest rate by 0.75% percentage points to 6.25% a year from the current rate of 5.5% a year, more

09.30.2022

Romania attracted foreign direct investments (FDI) totaling EUR8.9 billion in 2021, with enterprises’ equity standing at EUR6.7 billion (equity capital worth EUR2.16 billion, plus reinvestment of more

08.09.2022

Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented by more

08.05.2022

Romania’s annual inflation rate is expected to post minor fluctuations in the third quarter of 2022, then enter a gradual downward path for three quarters and fall slightly below the mid-point of more

08.05.2022

Romania's central bank has decided at its board meeting on Friday (August 5) to raise its benchmark interest rate to 5.50% a year from the current rate of 4.75% a year, starting August 8, 2022. more

07.19.2022

Private consumption increased in the second quarter of 2022 compared with the year-ago period, while investments followed a downward trend, which makes a decisive impact on the decline of the annual more

07.19.2022

The annual inflation will increase until the middle of the third quarter of 2022, yet at a visibly slower pace, Romania’s central bank monetary policy meeting minutes show. more

07.07.2022

Romanians’ real estate assets have continued to grow in 2020 and 2021, the two years of the COVID-19 pandemic, by RON360 billion, respectively 20.7% above the 2019 level, reaching a record high of more

07.07.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 6.76% a year on more

07.06.2022

Romania’s central bank expects the annual inflation rate will stick to an upward path until mid-Q3, yet at a visibly slower pace, thus climbing moderately above the levels projected in May 2022 over more

07.06.2022

Romania's central bank on Wednesday (June 6) raised its benchmark interest rate to 4.75% a year from the current rate of 3.75% a year, starting July 7, 2022. more

07.04.2022

Romania’s central bank reported a profit of RON2.01 billion in 2021, down 1% from 2020, of which RON1.6 billion will go to the state budget, representing 80% of the bank’s net revenues, more