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Tag Archives: BNR

UniCredit report: BNR could allow gradual depreciation of RON to 4.70 units per EUR in Q1 2018

curs

The economic growth above 5% anticipated for 2017 is hiding increasing fiscal imbalances, a quarterly report issued on Friday by UniCredit Bank informs. “Ad-hoc decisions, tax increases and public investment cuts could keep the budget deficit below 3% of the ...

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Foreign exchange reserves down by EUR 1.6bn

BNR

On September 30, 2017, the National Bank of Romania’s foreign exchange reserves stood at EUR 33,320 million, compared to EUR 34,955 million on August 31, 2017, a release from the central bank informs. During the month, the following flows have ...

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ROBOR at 3 months up by 8.2pc to 1.71pc per annum

robor index

The Romanian Interbank Offered Rate (ROBOR) has continued to grow on Monday, which will lead to higher credit in the national currency, and the National Bank of Romania (BNR) has announced on Monday the level of 1.71% per annum, up ...

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