central bank

Romania Forex Reserves Rise To EUR32.7B In January

14:03, 01 Feb. 2011
Romanian foreign exchange reserves rose to EUR32.69 billion in January, after the International Monetary Fund released a seventh installment of a EUR13 billion stand-by loan, central bank data showed Tuesday.

Romania Jan-Nov Current Account Deficit Widens To EUR5.2B

10:24, 13 Ian. 2011
Romania's current account deficit widened 23.5% to EUR5.17 billion in January-November 2010, from a gap of EUR4.19 billion in the year-earlier period, due to the lower current transfers surplus and an increasing deficit of the incomes balance, central bank data showed Thursday.

Overnight Deposits At Romania Ctrl Bk Skyrocket In ’10 To RON387.3B

14:01, 09 Ian. 2011
Overnight deposits at Romania’s central bank reached a combined amount of 387.29 billion lei (EUR1=RON4.2580) in 2010, seven times more than in the previous year, which points to an average daily liquidity excess of RON1.06 billion, according to central bank data.

Romanian High Officials Set Parameters Of New IMF Deal

14:14, 06 Ian. 2011
Romanian President Traian Basescu, Prime Minister Emil Boc, central bank governor Mugur Isarescu, Finance Minister Gheorghe Ialomitianu on Thursday set the parameters of a new, precautionary agreement with the International Monetary Fund and the European Union, the central bank said in a statement.

Romania Central Bank Leaves Key Rate Unchanged At 6.25%

12:39, 05 Ian. 2011
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the fifth consecutive time as the inflation is still above the bank's target interval.

Romania Ctrl Bk: Interest Rates On New Loans Rose In November

14:30, 04 Ian. 2011
Romanian banks raised in November the interest rates on new loans in both lei and euros, but maintained the interest on new deposits, according to central bank data released Tuesday.

Romania Forex Reserves Fell Slightly To EUR32.4B In December

14:18, 03 Ian. 2011
Romanian foreign exchange reserves fell slightly to EUR32.43 billion in December, from a record of EUR32.8 billion in the previous month, central bank data showed Monday.

Romania Nov Overdue Loans Up 3.1% On Month To RON16.4B

15:54, 28 Dec. 2010
Romanian non-government overdue loans rose 3.1% on the month to 16.4 billion lei (EUR1=RON4.2871) in November, central bank data showed Tuesday.

Romania Nov Private Lending Down 3.9% On Year To RON208B

13:16, 27 Dec. 2010
Romanian private lending fell 3.9% in real terms to 207.9 billion lei (EUR1=RON4.2878) in November from the same month a year earlier, held down by local currency loans, central bank data showed Monday.

Romania Jan-Oct Current Account Gap Widens To EUR4.94B

13:24, 14 Dec. 2010
Romania's current account deficit widened 30.3% to EUR4.94 billion in the first ten months, from a gap of EUR3.79 billion a year earlier, largely due to the lower current transfers surplus, central bank data showed Tuesday.

Romanian 2011 Economic Growth Closer To Zero – Ctrl Bker

10:26, 26 Nov. 2010
Fiscal slippages and political uncertainty may keep Romanian economic growth closer to zero in 2011, despite official forecasts that point to an advance of 1.6%-2%, a central bank official said Thursday.

Romania Ctrl Bank: Investors Get Agitated If Public Debt Tops 40% Of GDP

14:06, 24 Nov. 2010
Romania must keep its foreign currency reserves at sufficiently high levels, because investors get “agitated” every time the public debt exceeds 40% of a country’s gross domestic product, central bank governor Mugur Isarescu said Wednesday.

Romania Ctrl Bk Gov: Foreign Debt Caused By Population Overborrowing, Not Banks

13:29, 24 Nov. 2010
Romanian central bank governor Mugur Isarescu Wednesday defended local creditors, saying the lenders only attracted external financing to respond to consumer overborrowing.

Romanians’ Foreign Financial Holdings At EUR3.2B In September

14:32, 16 Nov. 2010
Romanian residents’ financial holdings abroad stood at EUR3.2 billion in September, down 12% from December last year, central bank data showed Tuesday.

Romanian Ctrl Bk Calls On Government To Pay Its Debts

13:55, 12 Nov. 2010
Romanian central bank governor Mugur Isarescu on Friday called on the Government to resolve the general arrears issue and give a positive example to all taxpayers.

Romania Jan-Sept Current Account Gap Widens To EUR4.23B

13:50, 12 Nov. 2010
Romania's current account deficit widened 32.6% to EUR4.23 billion in the first nine months, from a gap of EUR3.2 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Friday.

Romania Can’t Sustain GDP Growth Of Over 5% On Long Term – Ctrl Bker

13:36, 11 Nov. 2010
Romania is missing the required “ingredients” for a sustainable economic growth of over 5% on the long term, because of declining population and of its dependency on foreign capital, a central bank official said Thursday.

Romania Central Bank Revises Down 2009 FDI To EUR3.5B

13:30, 08 Nov. 2010
Romania’s central bank Monday revised downward foreign direct investment data for 2009 to EUR3.5 billion, from EUR4.9 billion previously, after subtracting the net loss out of equity increases.

Romanian Lenders Pay Excessive Interests On FX Deposits – Ctrl Bk Gov

15:52, 04 Nov. 2010
Romanian lenders pay surprisingly high interests on foreign currency deposits compared to international rates, central bank governor Mugur Isarescu said Thursday.

Romania Ctrl Bank To Ensure Consumer Loan Ordinance Complies With EU Norms

13:44, 04 Nov. 2010
Romania's central bank will make a public presentation at the debates regarding the government ordinance 50/2010 on consumer loans to ensure the act complies with the European directive in the field, central bank governor Mugur Isarescu said Thursday.

Romania Ctrl Bk Ups Year-End CPI Forecast To 8.2% – Sources

15:07, 03 Nov. 2010
Romania's central bank has revised upward its forecast on year-end inflation to 8.2% in 2010 from a previous 7.8%, people familiar with the matter told MEDIAFAX.

Romania Ctrl Bk Sets CPI Target At 3% For 2012, 2.5% As Of 2013

12:42, 02 Nov. 2010
Romania’s central bank Tuesday decided to keep the 2012 inflation target at 3%, with one percentage point variation band, and to adopt a flat multi-annual inflation target of 2.5%, plus/minus 1 percentage point, as of 2013.

Romania Central Bank Leaves Key Rate Unchanged At 6.25%

12:34, 02 Nov. 2010
Romania’s central bank Tuesday left its main interest rate at a record low of 6.25% a year for the fourth consecutive time as it continues battling rising inflation following a raise in the sales tax.

Romania Ctrl Bank Head: FX Interventions Used To Balance Treasury Shortage

13:09, 06 Oct. 2010
Romanian central bank has to use its forex reserves to manage liquidity on the interbank market as the market lacks the adequate treasury issues, central bank governor Mugur Isarescu said Wednesday.

Romania Leu’s Stability In Sep Fueled By Up To EUR900M From Ctrl Bk – ING

13:19, 04 Oct. 2010
Romania's central bank is estimated to have injected between EUR400 million and EUR900 million in the money market to keep a stable exchange rate for the leu, a report from the ING Bank released Monday showed.

Romanian Forex Reserves Rise To EUR32.6B In September

15:00, 01 Oct. 2010
Romanian foreign exchange reserves rose by EUR1.025 billion on the month to EUR32.58 billion in September, boosted by money from the International Monetary Fund and the European Commission, the central bank said Friday.

Romania Ctrl Bank Leaves Key Rate Unchanged At 6.25%

12:50, 29 Sept. 2010
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the second straight month as it continues battling rising inflation following a raise in the sales tax.

Romania August Overdue Loans Rise 6.9% On Month To RON14.4B

19:15, 24 Sept. 2010
Romanian non-government overdue loans rose 6.9% on the month to 14.4 billion lei (EUR1=RON4.2455) in August, and were more than double compared with the year earlier period, central bank data showed Friday.

Romania August Private Lending Up 0.2% On Month

11:20, 23 Sept. 2010
Romanian private lending inched up 0.2% in real terms to 207.6 billion lei (EUR1=RON4.2511) in August from the month earlier, central bank data showed Thursday.

Romania’s Ctrl Bk Will Prevent Attacks Against Leu’s Exch Rate – Deputy Gov

10:40, 14 Sept. 2010
The money market is free, but Romania's central bank will prevent any possible attack on the leu, given that the evolution of the local currency is closely related to the country’s economic situation, central bank deputy governor Bogdan Olteanu said Tuesday.

Romania Jan-July Current Account Gap Widens To EUR3.8B

14:40, 10 Sept. 2010
Romania's current account deficit widened 38.5% to EUR3.79 billion in the first seven months of the year, from a gap of EUR2.74 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Friday

Romanian Forex Reserves Fall To EUR31.55B In August

13:40, 01 Sept. 2010
Romanian foreign exchange reserves decreased by EUR26 million on the month to EUR31.55 billion in August, central bank data showed Monday.

Romania Govt Says Ctrl Bank Pay Cuts Stand

20:06, 30 Aug. 2010
Romanian government Monday upheld a 25% pay cut for central bank staff, but decided the funds will remain at the bank’s disposal instead of being transferred directly to the state budget.

Stress Tests: Romanian Banking Provisions Up By 38% In 2010

20:47, 24 Aug. 2010
Romanian banking provisions are estimated to increase 38% on the year in 2010, due largely to lower exposure to companies, central bank data showed Wednesday.

Romania Ctrl Bk: Higher Margins, Asset Sales Bolster Short-Term Banking Revenue

20:21, 24 Aug. 2010
Romanian banks’ short-term financial strategy for the first half of 2010 included frequent increases of interest margins, immobilized asset sales and investments in state paper, central bank data showed Tuesday.

Romania July Private Lending Falls 4.4% On Month

13:05, 24 Aug. 2010
Romanian private lending fell 4.4% in real terms to 206.7 billion lei (EUR1=RON4.2244) in July from the month earlier, central bank data showed Tuesday.

Romanian Banks Gloomy About Lending Revival In 2010 – Survey

21:42, 20 Aug. 2010
Romanian banks are pessimistic about lending revival in 2010, following tightening credit terms on the local market in the second quarter of the year, a central bank survey showed Friday.

Romania 1H Current Account Gap Widens 50% To EUR3.65B

10:18, 11 Aug. 2010
Romania's current account deficit widened 50% to EUR3.65 billion in January to June, from a gap of EUR2.4 billion in the same period a year earlier, largely due to a decrease in the current transfers surplus, central bank data showed Wednesday.

Romanian Govt Pledges To Annul Acts Cutting Wages In Ctrl Bk, Financial Regulators

13:14, 05 Aug. 2010
Romania’s Government pledged to annul its acts reducing the salaries of the central bank and other financial regulation authorities by 25%, according to the additional letter of intent to the stand-by agreement with the International Monetary Fund.

Romania Central Bank Keeps Key Rate Unchanged At 6.25%

13:46, 04 Aug. 2010
Romania's central bank on Wednesday kept the key monetary policy rate unchanged at a record low of 6.25%, in a widely expected move to ensure the continuity of the disinflation process and sustain lending revival.