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...
Tag : National Bank of Romania
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...
