National Bank

Non-residents' direct investments in Romania totalled EUR 1.9 billion last year compared to EUR 4.8 billion in 2019, according to the National Bank (BNR)'s "Balance of payments and external debt" report released on Monday. The foreign…

The Fiscal Council announced on Wednesday that Daniel Daianu, former non-executive member of the Board of Directors of the National Bank of Romania (BNR), has been elected president and Bogdan-Octavian Cozmânca has been appointed as…

In January - May 2019, the balance-of-payments current account posted a deficit of EUR 3,401 million, compared with EUR 2,564 million in January - May 2018. The deficit on trade in goods widened by EUR 1,476 million, the surplus on services…

In January - May 2019, the balance-of-payments current account posted a deficit of EUR 3,401 million, compared with EUR 2,564 million in January - May 2018. The deficit on trade in goods widened by EUR 1,476 million, the surplus on services…

"We see an increase in external imbalance on the background of domestic absorption beyond the economy’s potential. The over demand for consumer goods has continued to erode the current account. We see robust economic growth in mitigation…

Mugur Isărescu, appointed on Wednesday for the 7th term as Governor of the National Bank of Romania, said on Thursday that we will not have galloping inflation in Romania, and in June the inflation may fall below 4%. BNR announced on…

In its meeting of 4 July 2019, the Board of the National Bank of Romania decided to keep the monetary policy rate at 2.50 percent per annum, to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility…

The price of gold has reached on Wednesday the highest level of the past 7 years. The National Bank of Romania (BNR) announced a quotation of RON 192.3192 per gram, up against RON 187.4404 on Tuesday. The level on Wednesday is the highest…

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has stagnated on Monday at 3.23%, according to the figures released by the National Bank of Romania (BNR). The 6-month ROBOR Index,…

The Governor of the National Bank of Romania, Mugur Isărescu, was unanimously endorsed on Tuesday for a new term in office, at the BNR helm, by the Budget Committees of the Chamber of Deputies and the Senate. The proposed members for the…