monetary policy

The National Bank of Romania (BNR) surprised a part of the market on Monday with the decision to raise its monetary policy rate to 2.5% (from 2.25%). The increase in the key rate occurred despite the auspices that...

September 2016: The market yield of 10-year Romanian government bonds was 2.97%. Very good situation: yield was lower by two-hundredths percent (2 basis points, bps) than Hungarian bonds. Long-term Romanian government loans were only 7 bps more expensive...

Romania has a discordant note with the other Central and Eastern European countries (CEE) regarding the economic growth strength in terms of macroeconomic balances. Economic growth in the CEE „maintains strong” in the first quarter of 2018, although...

Before deciding to protect the stability of interest rates more than the stability of the exchange rate and to signal, though, a future increase in the reference interest rate of the National Bank of Romania (BNR), its administrators...

The National Bank of Romania (BNR) will adjust its monetary policy and the floating exchange rate policy to the developments in the imbalances resulting from the Government’s tax policy, according to the analysts of the most important banks...

BNR decided on Tuesday to narrow the „symmetrical corridor” between the interest rates of the standing facilities around the monetary policy rate (1.75%, unchanged), by increasing the deposit interest rate and lowering the Lombard rate. At the same...