01.15.2021

Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021). more

01.04.2021

Romania's foreign exchange reserves grew to EUR37.379 billion at the end of December from EUR33.393 billion at the end of November, central bank data showed Monday. more

12.15.2020

Romania's economy may perform better in the last quarter of 2020 compared to the EU average, as a result of the dissipation of the basic effects induced by the agricultural sector, Csaba Bálint, more

12.02.2020

Romania's foreign exchange reserves dropped to EUR33.393 billion at the end of November from EUR33.795 billion at the end of October, central bank data showed Wednesday. more

11.24.2020

Romania's central bank monetary policy board decision of November 12 were unanimous and maintaining confidence in the domestic currency was key to monetary policy conduct in 2020, according to the more

11.13.2020

Romania's central bank lowered its inflation forecast to 2.1% for the end of 2020 from a previous projection of 2.7%, while keeping the 2021 projection at 2.5%, according to the November Inflation more

11.12.2020

Romania's central bank expects inflation to drop further in the short term before rising again and remaining close to 2.5%, it said in a detailed statement following Thursday's monetary policy board more

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

11.02.2020

Romania's foreign exchange reserves grew to EUR33.795 billion at the end of October from EUR32.588 billion at the end of September, central bank data showed Monday. more

10.09.2020

Romania’s central bank has approved the appointment of Pedro Miguel Weiss as independent member of the Supervisory Board of lender Raiffeisen Bank. more

10.05.2020

Real estate developer Forty Management has reached an agreement with Butan Gas Romania to acquire a land of approximately 40,000 square meters located in the Straulesti area in Bucharest, for an more

10.01.2020

Romania's foreign exchange reserves dropped to EUR32.588 billion at the end of September from EUR35.768 billion at the end of August, central bank data showed Thursday. more

09.23.2020

The supervisory board within the Romanian central bank will have new management as of October 1, with Adrian Cosmescu as board chairman and Nicolae Catalin Davidescu as deputy chairman. more

09.22.2020

Romania's major macroeconomic challenge starting 2021 is adjusting its budget deficit and macroeconomic imbalances as international markets are unlikely to accept large deficits for years to come, the more

08.25.2020

Private lending in Romania grew 0.8% in both nominal and real terms in July compared with June, to RON272 billion, central bank data showed Tuesday. more

08.06.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 2.05% a year Thursday, from 2.15% a year Wednesday, after more

08.06.2020

Romania's central bank lowered its inflation forecast slightly to 2.7% for the end of 2020 from a previous projection 2.8%, while keeping the 2021 projection at 2.5%, according to the August Inflation more

08.05.2020

Romania's central bank on Wednesday decided to lower its benchmark interest rate by 25 basis points to 1.5% a year from 1.75% starting August 6. The bank also lowered its lending and deposit more

07.20.2020

Romania’s National Committee for Macroprudential Oversight (CNSM) recommends the country’s central bank BNR and the Financial Supervisory Authority (ASF) to request financial institutions under more

07.16.2020

Developments in public health continue to generate unprecedented uncertainty and major risks to the outlook for economic activity and to financial market functioning, with an impact on macroeconomic more

07.09.2020

Romania’s central bank has approved the nomination of Valerie Marcelle Paule Villafranca as Member of the Board of Directors of BRD-SocGen. more

06.30.2020

Two severe risks to Romania's financial stability are a rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies and the worsening of domestic macroeconomic more

06.26.2020

Romania's central bank had a profit of nearly RON1.8 billion in 2019, 52% higher compared with 2018, mainly due to higher total revenues, the bank said in its annual report released Friday. more

06.25.2020

In a survey conducted by Romania's central bank in April 2020, banks estimated the lending standards and the terms of loan contracts for companies will be more restrictive in the second quarter of more

06.18.2020

The main risks for Romania’s economy and finance are related to public health developments and the central bank will continue to steer measures towards providing necessary liquidity while more