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NBR raises key rate for the sixth time in a row, taking it to 10%
NBR's decision to raise the key interest rate on RON for the sixth time in a row, taking it to 10% a year, is making room for a new rise in credit prices, as well as for talks about further raises. This is the second interest rate increase by 0.25% in a row
Agip in the black for third year in a row
Agip Romania, the domestic branch of Italy''s Eni oil giant, at the end of last year hit net income worth 1.22m euros, double the value reached in 2004. Amid the opening of the Romanian mark...
National Bank intervenes two days in a row to the tune of 600 million euros
National Bank intervenes two days in a row to the tune of 600 million euros
NBR's fourth cut in a row since June sends interest rate down to 18.75%
NBR's fourth cut in a row since June sends interest rate down to 18.75%
NBR reserves down second month in a row
The National Bank of Romania (NBR) in December 2003 logged a new substantial decline in its foreign currency reserves for the second month in a row. The reserves shrank by 228 million euros...