National Bank of Romania

BNR launches silver coin: "140 years since the founding of the Macedo-Romanian Cultural Society"

The National Bank of Romania (BNR) on Wednesday launches into the numismatic circuit the silver coin with the theme "140 years since the founding of the Macedo-Romanian Cultural Society," BNR informs in a press release sent to AGERPRES. The coin has the face value of 10 lei, round shape, measures 37 mm in diameter, it has 31,103 grams weight and milled edge.

INS: Annual rate of inflation down to 3.9 pct in August, foodstuff prices up 5 pct

The annual rate of inflation went down to 3.9 pct in August this year, from 4.1 pct in July, given that non-food item prices went up 2.98 pct, foodstuff prices increased 5.02 pct and the prices of services registered an advance of 4.23 pct, according to data published on Wednesday by the National Institute of Statistics (INS).

BNR survey shows banks anticipating moderate tightening of credit standards in Q3, regardless of company size

Banks in Romania foresee that lending conditions will be left unchanged over the next quarter - Q3 2019 - for both types of loans to households, mortgage and consumer loans. As for non-financial corporations, banks anticipate a moderate tightening of credit standards, regardless of the company size, according to a lending survey conducted by the National Bank of Romania (BNR).

Three-month interbank offered rate down slightly to 3.06 pct p.a.

The 3-month Romanian Interbank Offered Rate ROBOR, against which the cost of variable-interest rate loans denominated in lei is calculated, dropped slightly to 3.06 percent per annum, from 3.07 percent per annum, quotation it stood at for six days, according to data released by the National Bank of Romania (BNR).

Annual inflation rate up to 4.1 pct in July (INS)

The annual inflation rate rose to 4.1 pct, in July this year, from 3.84 pct in June, due to the 15-percent price hike in food commodities, in services by 4.11 percent and non-food goods by 3.44 pct, according to data from the National Institute of Statistics (INS) published on Monday. "Consumer prices in July 2019 compared to July 2018 increased by 4.1 pct.

Central bank says lending growth pace drops below 8 pct in past months

Romania does not register a drop in lending, but a reduction in the lending growth pace below 8 pct in the past months, on Thursday said the Governor of the National Bank of Romania (BNR) Mugur Isarescu, when displaying the quarterly inflation Report. "An annual growth of 8 per cent.

BNR keeping year-end inflation target at 4.2pct

The National Bank of Romania (BNR) is keeping the year-end inflation target at 4.2pct, estimating a 3.4-pct 2020 year-end inflation, BNR Governor Mugur Isarescu said Thursday upon releasing the bank's quarterly inflation report. In May 2019, BNR was expecting year-end inflation to stay at 3.3pct in December 2020.

INS: Annual inflation rate down to 3.84 per cent in June

Consumer prices dropped 0.23 per cent in June 2019 compared with the previous month and by 2.98 per cent compared with the end of last year (December 2018), while the annual inflation rate went down to 3.84 per cent, because of the drop in prices for food stuffs by 0.47 per cent, non-food stuffs by 0.24 per cent, and the increase in services by 0.17 per cent, according to data released by the N