NBR
334 articole · RSS
NBR puts current account worries to rest
The current account deficit of the balance of payments for 2002 will remain below 4% of the Gross Domestic Product (GDP), preliminary data show, which is significantly less than anticipated...
NBR loses $175m in H1, 2002
The National Bank of Romania (NBR) posted accounting losses worth 5,619 billion ROL ($175 million) after the first half of last year. NBR had lost 4,162 billion ROL (about $143m, according t...
NBR collects $200m from international reserve
The National Bank of Romania (NBR) will collect nearly $200 million from managing the international foreign currency and gold reserve this year, close to the levels posted in 2001. The centr...
NBR sees 3.5% inflation in 2015
Romania will be ready to join the European Monetary Union (EMU) after 2011, most likely around 2015, even if it becomes a EU member in 2007, according to a scenario drafted by Lucian Croitor...
NBR Governor wants calculations made in euros
The National Bank of Romania (NBR) Governor, Mugur Isarescu, yesterday hinted that the euro would replace the dollar as the benchmark currency for calculating the ROL exchange rate next year...
NBR looks at Czech expertise
The National Bank of Romania (NBR) will announce the inflationary target for 2004 by the end of next year. This target is to be the main goal of the monetary policies and will be attained by...
NBR looking to quench appetite for lending in dollars and euros
After letting other bank officials do the talking for one week, the National Bank governor Mugur Isarescu yesterday decided to stand up and send a warning: the banks have granted and the com...
NBR probes the market with hard ROL
NBR probes the market with hard ROL
NBR probes the market with hard ROL
The introduction of the hard ROL, namely slashing zeros off the domestic currency's tail, cannot be avoided, but the National Bank of Romania has made no decision as to the exact time when t...