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.
June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference. "There will be no rampaging inflation in Romania, because we are here too.
Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday, after Parliament appointed in a joint session the members to the new BNR board of directors, that BNR is mandated to prepare Romania to enter the Eurozone .
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.
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).
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.
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.
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
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.
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.