reserves
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Delayed relaxation of mandatory reserves
Five months after the Board of Governors of the NBR (National Bank of Romania) made its decision, a set of measures for relaxing the minimum mandatory reserves (RMO) system has been publishe...
Petrom has oil and gas reserves worth 10 billion dollars
The oil and gas reserves of the biggest Romanian company, Petrom, are currently worth 9.53 billion dollars (7.1 billion euros), and are the most valuable asset of the company, reveals an ana...
NBR reserves resume growth in May
The foreign currency reserve of the National Bank of Romania (NBR) started to rise again in May, after three consecutive months spent in decline. In May the reserves saw a 525.5 million-euro...
Three months of decline for NBR reserves
Foreign currency reserves of the NBR saw their third consecutive decline in April, falling to 21.41 billion euros. Last month, net foreign currency outflows from the reserves of the central...
Analysts expect cuts on minimum compulsory reserves
The market is again divided before today's NBR (National Bank of Romania) meeting on monetary issue problems, with many analysts expecting to see a cut in the minimum compulsory reserves, wh...
NBR reserves 500m euros higher
NBR reserves 500m euros higher
Most NBR reserves kept in foreign bonds
Most NBR reserves kept in foreign bonds
NBR international reserves go up to 8.35b euros
NBR international reserves go up to 8.35b euros
Mounting trade deficit melts away National Bank's forex reserves
The National Bank of Romania (NBR) has lost in the last three months everything it had managed to add to its foreign reserve last year, but the money was spent to prevent the ROL from losing...