NBR
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NBR Governor demands foreign bankers to keep the money coming
Foreign banks must be persuaded to maintain in 2004 the same financing lines they have been granting to the Romanian economy in the past years, even though the macroeconomic projections do n...
NBR raise interest again
The bankers are in for a new surprise. The National Bank of Romania (NBR) might again increase the intervention interest rate on the monetary market from 20.25% to 21% in the next couple of...
NBR raise interest again
The bankers are in for a new surprise. The National Bank of Romania (NBR) might again increase the intervention interest rate on the monetary market from 20.25% to 21% in the next couple of...
NBR helps ROL again
For the second time this month, the National Bank of Romania (NBR) sold currency on the inter-banking market yesterday to reverse the ROL/euro exchange rate, which had exceeded the 40,000 RO...
NBR has "mixed feelings" about non-govt. lending
The National Bank of Romania (NBR) has "mixed feelings" about the recent evolution of non-government lending. On the one hand, NBR is concerned about the rather unfavourable impact an unsust...
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...
NBR shuns U.S. government bonds, steers towards the euro instead
Until 2000, the National Bank of Romania (NBR) would mainly invest its reserve into bonds issued by U.S. government agencies. However, their share in NBR's investments has plunged ever since...
NBR victory: slight increase for deposit rates
National Bank officials can be at least partially satisfied. Only several days after the warning launched by the central bank (pointing to the much too low ROL-denominated deposit interests)...
175m euro bought by NBR in July
The National Bank last month was a net buyer of foreign currency from the forex market, with the heavy fluctuations of the EUR/USD rate on the international market - directly and indirectly...