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...
Tag : National Bank of Romania
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...
Romanian National Bank: Romanians Borrow Money to Eat
The Romanian National Bank conducted a survey revealing Romanians’ sad reality. The population eats and dresses on credit, and real estate loans are becoming less...
Romania’s Central Bank Raises Key Interest Rate to 4.75%
Romania’s Central Bank raised the key interest rate to 4.75% on July 6. This is the highest key rate increase since the financial crisis in...
Romania’s Central Bank Warns about Risks to Economy
According to the Minute of the Board’s meeting on May 10, the Board of Romania’s Central Bank reasoned that if it intervened more strongly in...
Romania’s National Bank Increases Monetary Policy Rate to 3.75pc following Double-Digit Inflation
In the meeting held on May 10, 2022, based on the currently available data and assessments, as well as in light of the extremely elevated...
Old Palace of Romanian National Bank Open to Visitors
The National Bank of Romania (BNR) organizes between April 18-19, 2022, between 11:00 and 18:00, “Open Days at the NBR“. On the occasion of the...
Double-Digit Inflation in Romania, earlier than Expected
Inflation has reached two digits in Romania: 10%. Romanians pay more for food, fuel, gas, electricity, and consumer goods. The prices have skyrocketed earlier than...
