NBR's
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Inflation beyond NBR's worst expectations
A rise in the price of citrus fruit and vegetable oil pushed the annual inflation rate to 8.63% in March, the highest since December 2005, according to the National Statistics Institute data. NBR forecast inflation at 8.3% in March, which should have been this...
Citi: NBR's interest rate should climb to 10%
The cut in the key interest rate by the NBR (National Bank of Romania) to 7% last summer was premature. Now, an increase of as much as 10% is necessary, given the deterioration of the inflat...
NBR's inflation target unattainable until end of 2008
The Government's revised euro convergence programme indicates that the inflation rate will fall within the limits accepted by the National Bank of Romania as late as the third quarter of nex...
NBR's foreign currency reserve up by just 4m euros
The foreign currency reserve of the NBR (National Bank of Romania) rose by just 4.1 million euros in October, to 25.21 billion euros. This is the lowest monthly increase in this year's reser...
NBR's foreign currency reserve up by 510m euros
The NBR's (National Bank of Romania) foreign currency reserve reached 25.2 billion euros at the end of September, a 510 million-euro rise against the previous month. The rise occurred amid a...
Diversification boosts NBR's reserve-related revenues
Last year, the NBR diversified its portfolio of instruments in which it invests its international reserves with the intention of targeting better yields, a move that also included expanding...
NBR's reserve reaches new all time high
NBR's reserve reaches new all time high
Leasing falls under NBR's credit restrictions
Leasing falls under NBR's credit restrictions
NBR's foreign currency reserve drops to 18,177bn euros
Foreign currency reserves of the National Bank of Romania continued to drop in June following payments made on the foreign debt, reaching 18.177 billion euros. This figure is 35.7% lower in...