Inflation
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NBR wants inflation pegged to 7%
The National Bank of Romania proposes a 7% inflationary level and a one percentage point fluctuation interval for this indicator for 2005, when the direct inflation pegging is due for introd...
Inflation, top concern
Inflation increase is the main problem Romania is facing at the moment, with unemployment ranking close behind, followed by the overall economic situation and the problems in the health care...
US dollar's international comeback benefits Romania, lays inflation fears to rest
The ROL/USD exchange rate climbed 4.11% in only one month. The American currency has thus climbed back to the 34,000 ROL level, close to the all-time high (34,359 ROL) posted on April 7. Con...
Inflation heats up in mid summer
Halfway through the summer, the inflationary rate in July went beyond every expectation, increasing to 1.2%, which is one step away from this year's peak seen in January - 0.3%. All this eve...
Summer months - true inflation test
Inflation in the last twelve months reached 14% in mid 2003, which is actually the full-year target. Inflation in the first summer month went up to 0.9%, from 0.5% in May. First half inflati...
Exchange rate, no threat for inflation
The Governor of the National Bank of Romania (NBR), Mugur Isarescu, feels a higher appreciation of the single European currency against the dollar - even as high as to reach $1.2 for 1 euro,...
May inflation: 0,5%
Inflation stood at 0.5% in May, the lowest level posted in the past ten months, as the prices for foodstuffs, non-foodstuffs and services posted a very slight increase as compared to April....
Finance Ministry short of liquidity, NBR sees to inflation
Finance Ministry has given in. Pressured by the higher and higher need to finance the budget, after two months in which it had systematically rejected all the bids from banks that were tryin...
Only 5 funds top inflation
The mutual fund shares went up only 0.7% on the average last month, compared with the 1.1% inflation. The domestic currency during the same month lost 1.2% to the euro and 0.4% to the dollar...