governor Mugur Isarescu

The National Bank of Romania (BNR) has revised its inflation forecast down from 4.9% to 4% for the end of this year, and from 3.5% to 3.4% for the end of 2025, expecting to fall within the target corridor due to recent more…

The National Bank of Romania (BNR) has increased the inflation forecast to 3% for this year and estimates an inflation of 3.1% next year, Governor Mugur Isarescu announced on Monday, during the presentation of the quarterly report on…

National Bank consultant on strategy, Adrian Vasilescu, says Governor Mugur Isarescu comes out with messages every time risks are in sight and he did so also on Tuesday to draw attention on the so-called ‘tax on greed’. “This tax on…

The National Bank of Romania (BNR) Governor Mugur Isarescu has criticized the Teodorovici Ordinance, mainly the decision to set a ‘tax on greed’ for banks. Isarescu has criticized the Finance Ministry for not discussing with the banks…

National Bank Governor, Mugur Isarescu, has warned on Wednesday about the need to keep the macro-stability, adding that ‘financial discipline is one of the important objectives we should promote.’ The speech was delivered during the…

An International Monetary Fund (IMF) staff team led by Jaewoo Lee visited Bucharest during November 6-12, 2018, to discuss recent macroeconomic and policy developments. At the end of the mission, Mr. Lee issued the following statement,…

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has climbed on Thursday to 2.75% per annum, up from 2.73% on Wednesday, according to the figures released by the National Bank of Romania…

In its today meeting, the Board of the National Bank of Romania decided to increase the monetary policy rate to 2.25 percent per annum from 2.00 percent per annum as of 8 February 2018, a press release informs, in line with analysts’…

The National Bank of Romania (BNR) has revised the inflation forecast for the end of this year to 1.9%, central bank Governor Mugur Isarescu said on Tuesday, considering that he previously estimated an inflation rate of 1.6%, down by 0.1…

The latest inflation forecasts, to be formally released this Tuesday, have been revised upwards - largely driven by higher energy prices, as National Bank of Romania (BNR) Governor Mugur Isarescu announced. BNR sees the inflation…