The annual inflation rate declined to 3.84% in June
Consumer prices declined by 0.23% in June 2019 compared with the previous month and by 2.98% as compared to the…
BNR keeps the key rate at 2.5%, inflation stays at 4%, but it may decrease
Bogdan Tudorache The National Bank of Romania (BNR) has decided to keep the key interest rate at 2.5%, the institution…
Mugur Isarescu, new mandate as BNR governor
Governor of the National Bank of Romania, Mugur Isărescu, was unanimously endorsed for a new term of office at the…
Parliament has decided that the NBR was obliged to bring the gold reserve to the country
The majority PSD-ALDE adopted the bill initiated by PSD Chairman Liviu Dragnea and Senator PSD Şerban Nicolae, through which the…
Central bank keeps monetary policy interest rate at 2.5%
Bogdan Tudorache The Board of Directors of the National Bank of Romania has decided to keep the monetary policy rate…
Isarescu: Entry into the Eurozone is no longer a panaceum; if we go unprepared, the problems get worse
Governor of the National Bank of Romania, Mugur Isarescu, said that joining the Eurozone is no longer a panaceum, and…
Steven van Groningen: The side effects of GEO 114 worry us most
Companies have postponed their investment plans due to GEO 114/2018, and that should worry the most, says Raiffaisen Bank’s president,…
Annual inflation rose to 3.83% in February
Consumer prices rose by 0.79% in February 2019, compared with the previous month, while annual inflation rose to 3.83%, amid…
Romanian currency continues decline, undermined by tax changes and indictment against head of the ruling party
Romanian currency has reached the weakest exchange rate since August 3, 2012 to date against the euro; with a reference from…
“Administered” energy prices pressure inflation, C-bank mentions
Short-term inflation will increase, implicitly due to energy prices, according to the National Bank of Romania. ”The uncertainties and risks…
NBR sees a higher inflation but doesn’t change its key interest rate
The annual inflation rate followed a steeper upward trend in June 2017, standing at a higher-than-forecasted 0.85 percent, against 0.64…