National Bank of Romania Keeps Monetary Policy Rate at 1.25 pc, Observes Inflation Rate Rise
National Bank of Romania published today, July 19, the minutes of the board meeting from July 7. NBR decided to keep the monetary policy rate...
Tag : National Bank of Romania
Romania’s Central Bank Forecasts 4.1% Inflation Rate for 2021
National Bank of Romania – NBR significantly increased its forecast for the annual inflation rate for this year. According to the latest press release, Romania’s...
National Bank of Romania Increases Its International Reserves to EUR 38.3 Billion
On 30 April 2021, the National Bank of Romania’s foreign exchange reserves stood at EUR 38,304 million, compared to EUR 35,709 million on 31 March...
Romanian Currency Leu Plunges to an All Time Low
Romanian Leu – RON plunges to an all time low. The National Bank of Romania quoted 1 EUR at 4.92 RON, which is an all...
National Bank of Romania Cuts Monetary Policy Rate to 1.25 Percent
In an unexpected move, the National Bank of Romania decided to cut down the monetary policy rate to 1.25% from 1.5%. The new monetary policy...
Credit Agricole to Sell Romanian Branch to Vista Bank Romania
Credit Agricole and Vista Bank Romania announced the agreement today: Credit Agricole unit in Romania is to be sold to Vista Bank Romania in a...
Former Vice-Governor of the National Bank of Romania Sent to Jail for Corruption
Former Vice-Governor of the National Bank of Romania, Bogdan Olteanu, was sentenced to jail for 5 years. The sentence was issued on Thursday, October 29,...
National Bank of Romania and ECB Prolonged Repo Line Arrangement Until June 2021
In June 2020, the National Bank of Romania – BNR and the European Central Bank – ECB set up a repo line meant to inject...
NBR Governor Mugur Isarescu to Appear in Front of Court for Collaborating with Romanian Securitate
Romanian Securitate was the main repressive institution used by the Romanian communist regime to control the population. It acted mostly like a political police, taking...
