Mugur Isarescu

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.

Parliament appoints officials to financial, fiscal, media public offices

In a joint meeting on Wednesday, the Chamber of Deputies and the Senate appointed members to the Board of Directors of the National Bank of Romania (BNR), the Fiscal Council, and also nominated the chairman of the National Audio-Visual Council (CNA). The voting was secret, with ballot papers.

Joint plenary meeting of Parliament for the appoinment of BNR BD and Fiscal Council members started

The Senate and the Chamber of Deputies gathered on Wednesday in a joint extraordinary session to appoint the new members of the Board of Directors (BD) of the National Bank of Romania (BNR), the Fiscal Council and the president of the National Audiovisual Council (CNA).

Central bank governor Isarescu: National Bank has balanced approach to euro adoption

The National Bank of Romania (BNR) has a balanced approach to the adoption of the euro, BNR governor Mugur Isarescu said on Tuesday, mentioning that this requires a high real convergence, as well as keeping the pace after Romania joins the eurozone.

BNR governor Isarescu: Romania seriously harmed by avalanche of negative news about London gold stash

The avalanche of negative news about Romania's international gold stash in London has seriously harmed the country, has dented the credibility of both Romania and the National Bank, and keeping the entire gold reserve in the country would not bring any benefit, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Friday.

BNR governor: We should make a film about treasure sent to Moscow, have Viasat History air it

A book should be written or a film should be made about the Romanian treasure that was transferred to Moscow for safekeeping and send it to Viasat History channel, as this is about the history of no less than 92 tons of gold, governor of the National Bank of Romania (BNR) Mugur Isarescu this Thursday told the "Cristian Popisteanu" Symposium themed "The BNR Treasure Evacuated to Moscow - a Histo

BNR forecasts 4.2 pct inflation for end of year

The National Bank of Romania (BNR) upwardly revised to 4.2 percent the inflation estimate for the end of the year, forecasting a 3.3 percent inflation for 2020, BNR governor Mugur Isarescu told a press conference in which he presented the quarterly report on inflation. In February 2019, BNR estimated a 3-percent inflation rate for the end of the year and 3.1 percent for 2020.

Prices in Romania, up 0.61pct in April 2019; annual inflation rate rises to 4.1pct

Consumer prices in Romania rose by 0.61pct in April 2019 from the previous month and by 2.75pct from the end of 2018, while the annual inflation rate increased by 4.1pct on food prices advancing 4.98pct, non-food prices 3.66pct, and services 3.83pct, according to data with the National Statistics Institute (INS) released on Monday.