liquidity

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

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.

Romanian Ctrl Bk Injects RON2.9B In Interbank Mkt

Romanian central bank Wednesday boosted liquidity in the interbank market by lending 2.87 billion lei (EUR1=RON4.2218) in a repurchase agreement operation (repo) at an annual interest rate of 10%, similar to the monetary policy rate.

Romanian Ctrl Bk Injects RON4.7B In Inter-bank Market

The National Bank of Romania raised Friday the inter-bank market liquidity, lending 4.71 billion lei (EUR1=RON4.2380) in a repo operation, at an annual interest rate of 10%, banking dealers said.

Romanian Cos Must Raise Liquidity To Survive Crisis – Consultants

Romania’s companies must increase their funds, so that they might be able to deal with the current economic crisis, through reducing inventories, collecting debts and increasing the payment period towards suppliers, Aniko Somodi, consultant within Horvath&Partners, said Tuesday.

Romanian Cos Delay Paying Taxes On Liquidity Shortage – Fin Min

Companies in Romania have liquidity problems, as banks cut their credit lines, and postponed paying their taxes, causing losses of 1.5 billion lei (EUR1=RON3.6838) to the state budget, Economy and Finance Minister Varujan Vosganian said Tuesday.

Romanian Ctrl Bk To Become Creditor For Banking Sys

The Romanian central bank might soon become creditor for the banking system, with the intention of lowering liquidity costs, said Eugen Radulescu, adviser to the governor of the Romanian central bank.

There Is No Liquidity Crisis In Romania – Ctrl Bker

Romanian central bank governor Mugur Isarescu feels that Romania is not currently going through a liquidity crisis, since the minimum required reserves are high.