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...
Tag : Romanian National Bank
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...
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,...
Romanian National Bank Lowers Monetary Policy Rate to 1.5%
On Wednesday, August 5, the National Bank of Romania decided to further lower the monetary policy rate, from 1.7% to 1.5% starting from Friday, August...
