Electricity price rose by 17% in April, year-on-year
Electricity, edible oil and hygiene and cosmetics services saw the biggest increases in April this year as compared to April…
FIC: Foreign investment fell by 60% in 2020, the relationship with investors should be prioritized
Bogdan Tudorache The report on foreign direct investment (FDI) made by the Foreign Investors’ Council (FIC), now in its second…
NBR stimulates the economy through a new interest rate cut
Bogdan Tudorache The National Bank of Romania (BNR) announced a further reduction of the monetary policy interest rate to 1.25…
CFA Romania: The exchange rate may reach the threshold of 5 lei/euro in the next 12 months
Bogdan Tudorache CFA Romania analysts anticipate a depreciation of the leu in the next 12 months of up to 4.9777…
Dan Suciu (BNR): RON is refitting to a zone of balance in the new context
The RON is refitting to a balanced area in the new context, without major fluctuations, said the spokesman of the…
NBR: The worsening of the pandemic situation in the cold season may affect the evolution of the economy in Q4
The worsening of the pandemic situation with the onset of the cold season is expected to lead to the reintroduction…
NBR expects an inflation of 2.7% at the end of this year and 2.5% at the end of 2021
The annual CPI inflation rate for the end of this year and next is forecast at 2.7% and 2.5%, respectively,…
Cîțu: The Development Bank is part of a strategy to reorganize the entire package of state financial-banking companies
The National Development Bank is part of a strategy to reorganize all the financial-banking companies that the state has and…
FDI in sharp fall during the first four months
Foreign direct investments amounted to a negative net value of 454 million euros in the first four months, compared to…
The annual inflation rate fell to 2.7% in April
The annual inflation rate fell to 2.7% in April this year, from 3% in March, even if food prices rose…
Gold reached a new all-time high on Friday, at almost 250 lei/gram
The gram of gold rose, on Friday, by 49.79 bani (0.19%), to a quotation of 249.9219 lei, from 249.4240 lei,…
The current account deficit increased by 84% in the first two months of 2020
The deficit of the current account of the balance of payments increased by 84.65% in the first two months of…
Foreign direct investment decreased by over 70% in the first two months of 2020
Foreign direct investments fell by 70.86% in the first two months of this year, to 409 million euro, compared with…
The annual inflation rate remained at 3% in March
The annual rate of inflation remained at 3% in March of this year, given that food commodities increased by 5.11%,…
Mugur Isărescu: The peak of tensions generated by the COVID-19 crisis in the monetary, banking and financial field has been overcome
Bogdan Tudorache The peak of tensions generated by the COVID-19 crisis in the monetary, banking and financial field has been…
Cîţu: Banks in Romania work on a mechanism for a longer period
Commercial banks in Romania are working on a mechanism for more relaxed conditions for customers, to be applied in the…
RON continues to depreciate; the rate against euro, up to 4.8448
The leu depreciated on Tuesday with 0.206 subunits (0.43%) against the euro, the European currency reaching a new historical high,…
Cîţu: We are prepared with fiscal resources and tools to face any challenge
Romania is ready with resources and fiscal instruments to meet any challenge, and at this moment is important the increase…
The RON rate at a new historical high: 4.8184 lei/ euro
The leu depreciated on Monday with 0.74 subunits against the euro (0.15%), the European currency reaching a new historical high,…
RON remains above the psychological threshold of 4.8 lei for one euro, the gold reaches a historic high on Monday
The NBR posted on Monday a price of 4.8024 lei for one euro, lower by 0.02 subdivisions compared to the…
Foreign direct investments increased by 2.5% in the first 11 months of 2019
Foreign direct investments increased in the first 11 months of 2019 by about 2.55% compared to the same period last…
Isarescu: Monitoring and comparing food and fuel prices will increase competition
The decision of the Competition Council to allow the monitoring and comparison of food and fuel prices, through the Price…
NBR keeps key-rate at 2.5%, as inflation decreases
Bogdan Tudorache In September 2019, the annual CPI inflation rate went down to 3.5 percent (from 3.9 percent in August),…