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 : Romanian National Bank
Romanian National Bank: Foreign Investments Increasing by 21%
According to Romanian National Bank, foreign direct investments in Romania have increased by 21% in the first half of 2022. The balance of payments current...
Economists: Romania’s National Bank Could Raise Key Interest Rate to 3%
Romania’s National Bank could raise key interest to 3% due to the high inflation. According to economists cited by ZF.ro, this could be the new...
Romania’s National Bank Increases Monetary Policy Rate to 1.75pc
On November 9, Romania’s National Bank decided to increase its monetary policy rate to 1.75%. The former policy rate was 1.50%. It is only the...
NBR Expects Inflation to Grow Higher than Initially Estimated in 2021
The National Bank of Romania expects the inflation in the country to grow higher than the initial estimations. This is the conclusion of the monetary...
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...
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...
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...
