01.07.2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more

01.05.2016

Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory might more

12.29.2015

The Romanian leu lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.5381 units, down 0.27% from the previous day and the lowest rate more

12.10.2015

Romania’s European Funds absorption rate for the 2007 – 2013 program currently stands at 60%, EU Funds Minister Aura Raducu said Thursday, adding she is hoping the rate will reach 70%. more

12.10.2015

The Romanian leu lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5025 units, down 0.34% from 4.4873 the previous day and the more

12.07.2015

The fiscal relaxation and the economic growth may cause Romania’s central bank to increase its main monetary policy rate in the fourth quarter of 2016, according to analysts of Austria’s Erste more

11.09.2015

Romania's central bank may ease the key lending rate or minimum reserve requirement ratios further but the decision is influenced by domestic and external uncertainties, central bank governor Mugur more

11.04.2015

The Romanian leu lost ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.4462 units, down 0.32% from 4.4318 the previous day and the more

10.16.2015

Romania registered the second lowest annual inflation rate in the European Union in September 2015, of -1.5%, and seventeen of the 28 Member States saw negative annual rates in September this year, more

10.02.2015

After a sluggish September, the Bucharest Stock Exchange appears to be volatile in the fourth quarter on low traded volumes. Investors expect central banks to decide where they want interests to be, more

09.30.2015

The Romanian central bank Wednesday kept its main monetary policy lending rate unchanged at 1.75% a year, in line with analysts' expectations. more

09.02.2015

Romania’s European Union fund absorption rate is expected to reach nearly 70% at the end of 2015, EU funds Minister Marius Nica said Wednesday, adding the rate is likely to reach 75-78%, based on more

08.25.2015

Romanians spent around 7 billion lei (nearly EUR1.6 billion) on garments and shoes in 2014, while in 2015, the garments and shoes market is expected to grow 4.5%, at the highest pace since 2008, more

08.04.2015

The Romanian central bank Tuesday kept its main monetary policy lending rate unchanged at 1.75% per year in a widely expected move, as policymakers still expect the final version of the fiscal more

07.09.2015

Romania’s European Union fund absorption rate sets at only 51% in June, six months before the end of the reference period 2007 – 2013. This is the lowest absorption rate among European Union more

07.01.2015

Romania’s central bank kept its main monetary policy rate unchanged at 1.75%, as fears over a possible Greece exit from the euro-zone outweighed the extremely low inflation prospects. more

06.29.2015

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro fell 0.79% to 4.4931 units, from 4.4577 units Friday. more

06.16.2015

Romania’s central bank will try to refrain from cutting the monetary policy rate even if the inflation falls in negative territory, as the economy is expected to grow 4% this year and won’t need more

05.06.2015

Romania’s central bank on Wednesday surprisingly lowered its main monetary policy rate by 25 basis points to a new record low of 1.75%, the seventh rate cut in the current reduction cycle started in more

04.27.2015

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.4202 units, down 0.15% from 4.4136 the previous day. more

04.24.2015

The Romanian leu slightly gained ground versus the euro by midday Friday and the central bank set the leu’s reference rate versus the euro at 4.4136 units, up 0.09% from 4.4177 the previous day. more

04.23.2015

The Romanian leu gained ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.4177 units, up 0.26% from 4.429 the previous day. more

04.23.2015

Bucharest has the smallest office space stock among the major capital cities of Central and Eastern Europe, of just 2.2 million square meters, half the level of Warsaw, according to a survey by real more

04.22.2015

The Romanian leu gained ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.429 units, up 0.49% from 4.4508 the previous day. more

04.21.2015

The Romanian leu slightly lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.4508 units, down 0.37% from 4.4345 the previous day. more