05.24.2021

Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes of the more

05.19.2021

Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption more

05.14.2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday. more

05.12.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

04.15.2021

Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering more

03.16.2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday. more

03.15.2021

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

03.15.2021

German-held windows solutions producer Rehau Romania will invest approximately EUR10 million in Sibiu County, in the construction of a regional hub, in line with its development plans. more

02.16.2021

Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. more

01.26.2021

Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction at the more

01.18.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Monday (Jan more

01.15.2021

Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021). more

01.04.2021

Romania's foreign exchange reserves grew to EUR37.379 billion at the end of December from EUR33.393 billion at the end of November, central bank data showed Monday. more

12.15.2020

Romania's economy may perform better in the last quarter of 2020 compared to the EU average, as a result of the dissipation of the basic effects induced by the agricultural sector, Csaba Bálint, more

12.02.2020

Romania's foreign exchange reserves dropped to EUR33.393 billion at the end of November from EUR33.795 billion at the end of October, central bank data showed Wednesday. more

11.24.2020

Romania's central bank monetary policy board decision of November 12 were unanimous and maintaining confidence in the domestic currency was key to monetary policy conduct in 2020, according to the more

11.13.2020

Romania's central bank lowered its inflation forecast to 2.1% for the end of 2020 from a previous projection of 2.7%, while keeping the 2021 projection at 2.5%, according to the November Inflation more

11.12.2020

Romania's central bank expects inflation to drop further in the short term before rising again and remaining close to 2.5%, it said in a detailed statement following Thursday's monetary policy board more

11.12.2020

Romania's central bank on Thursday decided to keep its benchmark interest rate unchanged at 1.5% a year, but lowered minimum reserve requirements on foreign currency liabilities to 5% from 6%. more

11.02.2020

Romania's foreign exchange reserves grew to EUR33.795 billion at the end of October from EUR32.588 billion at the end of September, central bank data showed Monday. more

10.09.2020

Romania’s central bank has approved the appointment of Pedro Miguel Weiss as independent member of the Supervisory Board of lender Raiffeisen Bank. more

10.05.2020

Real estate developer Forty Management has reached an agreement with Butan Gas Romania to acquire a land of approximately 40,000 square meters located in the Straulesti area in Bucharest, for an more

10.01.2020

Romania's foreign exchange reserves dropped to EUR32.588 billion at the end of September from EUR35.768 billion at the end of August, central bank data showed Thursday. more

09.23.2020

The supervisory board within the Romanian central bank will have new management as of October 1, with Adrian Cosmescu as board chairman and Nicolae Catalin Davidescu as deputy chairman. more

09.22.2020

Romania's major macroeconomic challenge starting 2021 is adjusting its budget deficit and macroeconomic imbalances as international markets are unlikely to accept large deficits for years to come, the more