01.23.2023

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stayed at 7.28% a year on Monday more

01.18.2023

Birth rate decline has become one of the most obvious problems Romania is currently coping with. more

01.13.2023

Romania ended 2022 with an annual inflation rate of 16.4% in December as compared to a record high of 16.8% in November, data from the country's statistics board INS showed on Friday (Jan 13, 2023). more

01.10.2023

Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to 7% a year more

01.09.2023

Romania’s unemployment rate stood at 5.4% in November 2022, lower by 0.1 percentage points than 5.5% in October 2022, data from the country’s statistics institute INS shows on Monday (Jan 9). more

12.28.2022

Romania's unemployment rate stood at 3.04% at end-November 2022, higher by 0.08 percentage points than in October 2022, data from the country’s employment agency ANOFM showed Wednesday (Dec 28). more

12.27.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has decreased to 7.61% a year in the more

12.22.2022

Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will more

12.13.2022

Romania's annual inflation rate climbed to 16.8% in November 2022 as compared to November 2021, data from the country's statistics board INS showed on Tuesday (Dec 13). more

12.05.2022

Romania’s unemployment rate stood at 5.5% in October 2022, higher by 0.1 percentage points than 5.4% in September 2022, data from the country’s statistics institute INS shows on Monday (Dec 5). more

11.29.2022

Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging more

11.18.2022

The four-star International hotel of Sinaia, one of the largest units in the mountains resort, with a 180-room capacity, in September and October operated at an average occupancy rate of 80%, above more

11.11.2022

Romania's annual inflation rate decreased slightly to 15.3% in October 2022 as compared to October 2021, data from the country's statistics board INS showed on Friday (Nov 11). more

11.08.2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

11.03.2022

Romania’s unemployment rate stood at 5.2% in September 2022, higher by 0.1 percentage points than 5.1% in August 2022, data from the country’s statistics institute INS shows on Thursday (Nov 3). more

10.12.2022

Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12). more

10.07.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew slightly to 7.96% a year on Friday more

10.05.2022

Romania's central bank has decided at its board meeting on Wednesday (October 5) to raise its benchmark interest rate by 0.75% percentage points to 6.25% a year from the current rate of 5.5% a year, more

09.30.2022

Romania’s unemployment rate stood at 5.1% in August 2022, lower by 0.1 percentage points than 5.2% in July 2022, data from the country’s statistics institute INS shows on Friday (Sept 30). more

09.29.2022

The US dollar has depreciated slightly against the Romanian currency on Thursday (Sept 29), for the first time in the last week, as the central bank’s average reference rate stood at 5.1027 lei to more

09.26.2022

The US dollar hit a new record high against the Romanian currency on Monday (Sept 26), as the central bank’s average reference rate stood at 5.1135 lei to the dollar. more

09.20.2022

Capital city of Bucharest registered 13,270 jobless people (of whom 6,926 women) at the end of August 2022, taking the unemployment rate to 1.08%, data from the Bucharest Municipal Employment Agency more

09.16.2022

Romania’s unemployment rate stood at 5.3% in the second quarter of 2022, down 0.7% from 1Q/2022, in line with data from the country’s statistics board INS. more

09.07.2022

The Marmorosch Bucharest, Autograph Collection Hotel included in the portfolio of Lithuania’s Apex Alliance Group, recorded an average occupancy rate of over 50% in its first year of activity, as more

08.18.2022

The Romanian leu has further gained ground against the euro by midday Thursday (August 18) and the central bank set the leu’s reference rate versus the euro at 4.8793. more