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Fin Min Teodorovici invites BNR Governor Isarescu for talks, blames central bank for pressures to keep ROBOR at high levels

Finance Minister Eugen Teodorovici said he would invite National Bank Governor Mugur Isarescu for talks, along with the chairman of the Romanian Banking Association, to discuss the way to enforce the tax on banks’ assets. Teodorovici accuses BNR of ‘aggressive ...

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BNR governor Isarescu refuses to go for hearings in Parliament

The governor of the National Bank of Romania, Mugur Isarescu, has declined the invitation made by ALDE senator Daniel Zamfir to go for hearings in the Senate’s economic committee on Tuesday, amid attacks launched by PSD chairman Liviu Dragnea against ...

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BNR maintains inflation forecast at 3.5% for 2018, expects 2.9% in 2019

The National Bank of Romania (BNR) has maintained the inflation forecast for this year at 3.5% and has increased the level of expectations to 2.9% for 2019, up from 2.7%, Governor Mugur Israescu has announced on Thursday, on presenting the ...

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Central bank governor Isărescu: Inflation will continue the downward trend to 3.5pc. ROBOR index to range from 3.1 to 3.4pc

Governor of the National Bank of Romania (NBR), Mugur Isărescu told a press conference on Tuesday that the central bank’s forecast for the upcoming months points that inflation will continue its downward trend and a slight decrease will follow up ...

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BNR Governor on trade imbalances: The correction is unavoidable. Inflation forecast revised downwards to 3.5pc

The National Bank of Romania, repeatedly accused by the PSD-ALDE ruling coalition of failing to control the inflation, has presented on Wednesday new analyses and forecasts about the price increases in 2018 and about the development of the currency exchange. ...

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Central Bank keeps monetary policy rate at 2.50 pc

In its meeting of 6 August 2018, the Board of the National Bank of Romania decided to keep the monetary policy rate at 2.50 percent per annum. The central bank also decided to leave unchanged the deposit facility rate at ...

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3-month ROBOR Index continues upward trend to 3.39pc. BNR Governor says over long term it could increase further

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased to 3.39% on Thursday, up against 3.34% on Wednesday, according to the figures released by the National Bank of Romania (BNR). A ...

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