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Isarescu: NBR will use every instrument to curb inflation
The National Bank of Romania (NBR) has decided to maintain the monetary policy rate at 8.5% and continue to engage in purging substantial amounts of excess cash through operations on the market, NBR Governor Mugur Isarescu told a news conference yesterday
NBR meets to dampen inflation and curb consumer demand
The National Bank''s Board of Governors is today discussing the increase in the monetary policy rate which was also recommended by the IMF as the main instrument in fighting inflation, along...
ING expands to curb dependence on a few major clients
The plans, which ING Bank has for this year centre on further investment in retail through the opening of another 80 offices of the Self''Bank type, Dirk Serbruyns, ING Romania chairman, tol...
Government endorses ROL demomination, hopes to curb inflation
Government endorses ROL demomination, hopes to curb inflation
Government endorses ROL demomination, hopes to curb inflation
Government endorses ROL demomination, hopes to curb inflation
Plenty of red tape for Romania to curb
6,207 dollars. This is what a foreign investor had to spend either in terms of cash or time to start a business in Romania until not so long ago. Which is more than enough to make anyone giv...