NBR
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NBR wants steady interests
The National Bank's signal about interests is "steady" for the time being, NBR Governor Mugur Isarescu said."As soon as we know for sure that the inflation downward trend is verified, the in...
Finance Ministry and NBR compete over cash
No more than 18.25%. This is exactly how much both the Finance Ministry and the National Bank of Romania (NBR) are willing to pay on government securities, and one-month deposits respectivel...
NBR Governor admits to inflationary fears, triggered by euro surge
The Romanian central bank was taken by surprise by the euro's surge, as it had not expected the single European currency to embark on such an ascending trend. The inflation target could be j...
Foreign currency reserve: NBR starts delving into safes
National Bank of Romania's (NBR) foreign currency reserves fell 481.3 million euros in May, as the central bank was forced to delve into its pockets more often last month in order to contain...
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...
NBR buys less foreign currency
The National Bank of Romania was a net foreign currency buyer last month, having bought almost 58 million euros from the interbank market, almost three times less than in the previous month....
NBR attracts 950m euros. In ROL
The National Bank of Romania (NBR) has attracted 34,000bn ROL (950 million euros) from the money market during the last three trading sessions. This is no typo. And the amount is nearly twic...
NBR looking for Iraqi bank accounts
The National Bank of Romania is now conducting an analysis in order to find possible accounts opened by Iraqi authorities with Romanian banks. It does not screen any deposit or account of Ir...
NBR ends the dollar myth. Long live the euro!
March 3 will mark the end of the 12-year reign of the dollar at the National Bank of Romania (NBR). The foreign currency, which Romania has used to do its sums for years is now stepping down...