Banking & Finance

Banking & Finance

Romania’s foreign exchange reserves are declining. The central bank did not buy a kilogram of gold, although all states in the region have strengthened...

By rbj At the end of February 2022, the foreign exchange reserves at the National Bank of Romania stood at 41.877 billion euros, down 2.85%...
Banking & Finance

Inflation starts strong in 2022, diminishing the purchasing power and the standard of living of the population

By Jerom Bolt The annual inflation rate rose to 8.35% in January 2022, from 8.19% in December 2021, according to data released Monday by the...
Banking & Finance

Frightened by rising inflation to 8.2% in December, the central bank decided to increase the monetary policy rate to 2.50%

The Board of the National Bank of Romania, having convened for the meeting of 9 February 2022, decided: -to increase the monetary policy rate to...
Banking & Finance

State of alarm in Hungary: Central bank raises monetary reference interest rate to almost 3%, above expectations

By Emea Riga Magyar Nemzeti Bank (MNB) has raised interest rates again. The current decision is in line with the tightening cycle announced so far,...
Banking & Finance

Eurostat: All CEE countries have a higher level of inflation than the EU average. The inflation rate in Romania was 6.7% in December, below...

By Jerom Bolt The annual inflation rate in the European Union rose to 5.3% in December from 5.2% in November 2021, with the highest member...
Banking & Finance

Inflation reached 8.2%; edible oil rose by 27.17%, and gas prices rose by 51.6%; The Central Bank to keep in check inflation

By Edwig Ban The annual inflation rate in December 2021 rose to 8.2% compared to December 2020, according to data released on Friday by the...
Banking & Finance

Romania had the largest current account deficit in the EU in Q3 2021

By Andra Beltz In the third quarter of last year, the European Union recorded, on the whole, a current account surplus of 72.1 billion euros,...
Banking & Finance

NBR Board decisions on monetary policy. The monetary policy rate increases from 1.75% to 2.00% per annum

By rbj The Board of the National Bank of Romania, having convened for the meeting of 10 January 2022, decided: >>> to increase the monetary...
Banking & Finance

Romania’s trade deficit grows at a galloping pace: 21.4 billion euros over 11 months in 2021

By rbj Romania's trade balance deficit (FOB / CIF) amounted to 21.369 billion euros in the first 11 months of 2021, increasing by 4.929 billion...
Banking & Finance

Romania’s foreign exchange reserves are growing

By Emea Riga At the end of December 2021, foreign exchange reserves at the National Bank of Romania stood at 40.475 billion euros, up 3.03%...
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Romania: Palace of Parliament

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Latest News

Conjuncture

IMF classifies Romanian economic growth at minimum levels, the lowest in the last five years and a GDP level among the lowest in Eastern...

Bucharest, April 14, 2026 - RBJ - The IMF's spring report on the World Economic Outlook shows us, if...

Romania: Cantacuzino Castle

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