National Bank of Romania

Romanian Energy Minister Virgil Popescu and counselor Niculae Havrilet had a working meeting today in Luxembourg with European Investment Bank (EIB) Vice President responsible for Romania, Christian Kettel Thomsen, with talks focusing on the increase in EIB's financial and technical support for investments in the Romanian energy sector and support for major projects in this field, the Energy Mi

The main and enduring message of the National Bank of Romania (BNR) for the National Bank of Moldova is that of a sustainable and robust partnership, BNR governor Mugur Isarescu said on Friday at the signing ceremony of the new Cooperation Agreement between the Romanian and the Moldovan central banks.

The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM).

The annual inflation rate is expected to rise visibly above the upper limit of the target range in the second half of this year, to 4.1% in December 2021, compared to the previous forecast's 3.4%, according to the minutes of the monetary policy meeting of the National Bank of Romania (BNR) Board of Directors on May 12, 2021.

The current account of payment balance registered during Q1 of 2020 a deficit of 2.549 billion Euro, against 990 million Euro during the period of January - March 2020, according to the data published on Friday by the National Bank of Romania (BNR).

The annual inflation rate rose to 3.2% in April this year, from 3.1% in March, given that the price of non-food goods rose by 5.21%, food goods by 0.76%, and services by 2.61%, according to data published on Thursday by the National Institute of Statistics (INS). "Consumer prices in April 2021, compared to March 2021, increased by 0.5%.

The argument "we are not selling this country for peanuts" will not hold, because we can actually buy it ourselves, there are 7 million Romanians who are waiting to invest billions of Euro in these state listings and here I am referring to the private pension funds, said, on Tuesday, in a specialty video-conference, Cristian Popa, Board member of the National Bank of Romania (BNR).

The National Bank of Romania (BNR) notes that the public interest in virtual currencies (also called crypto-assets) is on a steady upward trend and cautions that, in its opinion, these remain highly volatile and extremely risky speculative assets that are highly likely to cause financial loss to the investors, BNR said in a statement on Thursday.

At the end of March 2021, the forex reserves of the National Bank of Romania (BNR) stood at 35.709 billion euros, up 1.62% from 35.139 billion euros on February 28, 2021, the central bank announced on Thursday.

The deposits of non-government resident customers were 1.3 percent up this February from the previous month, to RON 427.789 billion; compared to the year-ago period, the advance is 16.4 percent (12.8 percent in real terms), the National Bank of Romania (BNR) informs in a release on Tuesday.