central bank

Romania's central bank board held an emergency meeting Friday and analyzed a series of relevant measures from the perspective of bank resolution, amid the economic effects of Covid-19 pandemic and other decisions on the functioning of the banking system functioning.

Commercial banks have asked the Romanian central bank to amend the regulation framework to allow postponing loan payments in various situation arising from the coronavirus crisis, such as isolation, travel restrictions or suspension of activity.

Romania's foreign exchange reserves grew to EUR35.83 billion at the end of February from EUR35.505 billion at the end of January, central bank data showed Monday.

Private lending in Romania grew 0.8% in nominal terms and 0.4% in real terms in January compared with December 2019, to RON269.646 billion, central bank data showed Tuesday. Local currency lending, which accounted for 67.3% of all private lending in Romania, increased 0.2% on the month in January but declined by 0.2% in real terms. […]

“We will observe the law but we have stated our point of view,” he said, speaking of a document the central bank recently sent to the government and parliament assessing the costs of gold repatriation. He added the ultimate decision belongs to the parliament. Isarescu did not give an amount but said the central bank’s […]

Romania's central bank sees year-end inflation at 3% in 2020 from a previous projection of 3.1%, central bank governor said Tuesday at a briefing on the February Inflation Report.

Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the variation band of 1.5%-3.5% until the end of the forecast horizon.