Romania: Despite High Inflation Rate, National Bank Maintains Monetary Rate at 7pc
In its meeting of 4 April 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent...
Tag : National Bank of Romania
Romania: Living On Credit
In January 2024, the balance-of-payments current account posted a deficit of EUR 1,358 million, compared with EUR 760 million in January 2023. The breakdown shows...
Romania’s National Bank Keeps Monetary Policy Rate at 7pc
In its meeting on 13 February 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent...
Romania National Bank Keeps Monetary Policy Rate at 7% per Annum
In its meeting on 12 January 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent...
Romania’s National Bank Denies Involvement in Government’s Initiative to Ban Cash Transactions
Romania’s Government initiated a law stipulating that cash transactions must be limited in Romania and banned up to a certain amount. The Government initiated an...
Romania National Bank Keeps Monetary Policy Rate at 7%
Romania’s National Bank decided to keep the monetary policy rate at 7%. The decision comes as the board notices the annual inflation rate went down...
Inflation Skyrockets in Romania: National Bank Hikes Key Interest Rate to 7pc
Inflation is uncontrollable in Romania, despite significant efforts of the National Bank. In its meeting of 10 January 2023, the Board of the National Bank...
National Bank of Romania Increases Monetary Policy Rate to 6.75 pc
For the eighth time this year, Romania’s National Bank decided to increase the monetary policy rate. This is Romania’s strategy to fight the galloping inflation....
National Bank of Romania Increases Monetary Policy Rate to 6.25 pc
The National Bank of Romania decided to increase the monetary policy rate to 6.25 percent per annum from 5.50 percent per annum as of 6...
Romania’s Foreign Debt Increases in 2022
Romania’s external debt rises by EUR 5,8 billion in the first seven months of 2022. More than half, over EUR 3 billion, was added in...
