The National Bank of Romania's (BNR) Board of Directors on Monday decided to keep the monetary policy rate at 5.25 percent per annum, the institution said in a release. During the meeting held on Jan. 7, 2013, the Central Bank directors also decided to adequately manage the bank system liquidity, maintain the current levels of ..
Read moreAnalysts of Erste Group anticipates, for 2013, an increase of 1.1 percent of Romania's GDP, as the renegotiation of an International Monetary Fund agreement and the pressing ahead with the better absorption of EU subsidies will be credit-positive. In the latest report on 'Central and Eastern Europe markets and stocks' of Erste Group, published on ..
Read moreThere are various forecasts about the evolution of the RON vs. EUR exchange rate in 2013. Some analysts believe that the Romanian currency will not withstand the shocks and will significantly devaluate, while others expect the RON to hold steady, Money.ro reports.According to pessimists, the Romanian currency might end the year much weaker, at an ..
Read moreThe National Bank of Romania (BNR) lent RON 4 bln to 17 banks trough a repo operation conducted Monday, in which demand was six times higher, reaching RON 24.9 bln, reads a press release. The Central Bank capped yesterday, for the sixth week in a row, at RON 4 bln the sum available in the ..
Read moreThe prices of industrial output increased by 2.1 pc throughout the euro zone and by 1.9 pc in the European Union in November 2012, against the similar interval of 2011, and Romania registered a more than double increase compared to the EU average figure, according to data released Monday by the European Statistics Office (Eurostat), ..
Read moreRomania's unemployment rate fell to 6.7% in November 2012 from 6.9% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday. Source: Ziarul Financiar No related posts
Read moreRomania’s energy output fell 2.3% on the year to 20.9 million tons of oil equivalent in the first eleven months of 2012, on declining production in the hydropower and nuclear sectors, official data showed Tuesday. Source: Ziarul Financiar No related posts
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