BNR did not protect the exchange rate, interventions were much lower than last year
The National Bank of Romania did not artificially maintain the exchange rate, and the evolution of international reserves confirms this,…
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Mugur Isărescu
Mugur Isărescu: Extension of the Middle East conflict could have a severe impact on the economy
A long Middle East conflict could have a severe impact on the economy, declared Mugur Isărescu, governor of the National…
Annual inflation rate stagnated at 9.8% in November
The annual inflation rate stagnated at 9.8% in November of this year, as services rose by 10.99%, non-food goods by…
Annual inflation rate dropped to 4.94% in June
The annual rate of inflation dropped, in June 2024, to 4.94%, from 5.12% in May, as food goods rose in…
Annual inflation rate fell to 6.61% in December 2023
The annual rate of inflation decreased in December 2023 to 6.61%, from 6.72% in November, as food goods prices rose…
Isărescu: The slowdown in energy prices, among the main factors that calmed inflation
The Governor of the National Bank of Romania (BNR), Mugur Isărescu, stated that it is very difficult to do what…
BNR increased the inflation forecast to 16.3% for the end of 2022
The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 16.3% and estimates…
C-Bank Governor expects an economic growth of 2-3% this year
Romania could register this year an economic growth of 2-3%, possibly even higher, said on Tuesday the Governor of the…
Isărescu: Energy energy price surges are both inflationary and recessionary, we work with all the tools to keep the situation under control
Energy price increases are both inflationary and recessionary, and the NBR is working with all instruments to keep the macroeconomic…
Inflation is rising amid rising energy and gas prices
The National Bank of Romania increased its inflation forecast to 5.6% by the end of this year and to 3.4%…
Isărescu: The climate change agenda has a high stake for the Romanian economy and financial system
The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities…
EIB: Romanian businesses lack confidence in the short term scenario, but admit climate change investment is key
Bogdan Tudorache A new EIB Investment Survey for Romania reveals that the COVID-19 pandemic is expected to add pressure on…
Isărescu: The EU recovery package will have an important contribution in supporting our relaunch efforts
The future economic situation will depend mainly on developments in public health and their succession, and the EU recovery package…
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…
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…
Isarescu about the adoption of the euro: I foresee a strong debate on ideas
The Governor of the National Bank of Romania, Mugur Isarescu, said on Tuesday at the Romanian Academy that he foresees…
Isarescu: Romania has chosen the middle way in terms of adopting the euro
Romania has chosen the middle way in terms of adopting the single currency, considering a real convergence level of 70-75%…
NBR maintains the inflation forecast at 4.2% by the end of the year
National Bank of Romania (BNR) kept the inflation forecast at 4.2% by the end of this year and estimates an…
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…
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…
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…
