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14:00, 15.02.2024

BNRs Isarescu: We discussed a potential timetable for reducing the monetary policy rate

BNR's Isarescu: We discussed a potential timetable for reducing the monetary policy rate

The Board of Directors of the National Bank of Romania (BNR) has discussed a potential timetable for reducing the monetary policy rate, but it takes two months to confirm that inflation is definitely coming down…




16:05, 08.11.2023

Romania holds rates steady as concerns over inflation linger

Romania kept borrowing costs unchanged at its final monetary-policy meeting this year as concerns over persistently high inflation outweigh warnings of an economic slowdown, according to Bloomberg.  The central…




19:05, 15.06.2023

PM-designate Ciolacu: I am convinced solutions will be found together to demands by healthcare unions

PM-designate Ciolacu: I am convinced solutions will be found together to demands by healthcare unions. Prime Minister-designate Marcel Ciolacu on Friday said that he will meet the former and current minister of…




13:16, 15.02.2023

BNR revises downwards inflation forecast to 7pct for end-2023 and to 4.2pct for end-2024

The National Bank of Romania (BNR) revised downwards to 7pct the inflation forecast for the end of this year and estimates an inflation of 4.2pct for the end of 2024, according to the data presented on Wednesday…




13:30, 10.08.2021

PM Citu: We are moving in direction in which Romania is no longer low wage country

Prime Minister Florin Citu stated, on Tuesday, that the data regarding inflation presented on Monday by the National Bank of Romania (BNR) represent an estimation, yet there are "interesting" figures regarding…




15:11, 09.08.2021

Romania’s central bank ramps up 2021/2022 inflation forecasts

Romania’s central bank on Monday lifted its annual inflation target considerably higher for this year and Governor Mugur Isarescu said a tightening cycle has already started even though policymakers have yet to…




14:05, 09.08.2021

Central bank's Isarescu: We've never competed with Finance Ministry, we're careful at liquidity absorption

The National Bank of Romania (BNR) has never competed with the Ministry of Public Finance (MFP) and has been very careful about liquidity absorption, leaving enough money in the market to finance itself, the central…




16:15, 23.06.2021

BNR head Mugur Isarescu: We are not proposing to stimulate credit towards rational exuberance

The National Bank of Romania (BNR) does not simply aim to stimulate credit toward rational exuberance, a rapid credit growth that will end in the explosion of non-performing loans, BNR Governor Mugur Isarescu said…




18:49, 18.05.2020

BNR's Isarescu say BNR immediate goal is to ensure necessary liquidity to fund expenses of state,real economy

The immediate goal of the National Bank of Romania (BNR) remains to ensure the necessary liquidities to fund the expenditures of the state and real economy, in conditions of relative exchange rate stability and…




17:54, 03.12.2019

BNR's Isarescu: BNR issues anniversary banknote dedicated to Ionel I.C. Bratianu

The National Bank of Romania (BNR) put into circulation, in the numismatic issues dedicated to the Completion of the Great Union, a commemorative collector banknote dedicated to Ionel I.C. Bratianu in order to…




13:07, 08.11.2019

BNR decreased its inflation forecast for the end of this year to 3.8 percent

The National Bank of Romania (BNR) decreased its inflation forecast for the end of this year to 3.8 percent and estimates an inflation of 3.1 percent for the end of next year, BNR Governor Mugur Isarescu announced…




14:13, 08.08.2019

BNR's Isarescu: Annual inflation rate slightly dropped toward the end of Q2 of 2019

The annual inflation rate slightly declined toward the end of this year's second quarter, remaining over the upper bound of the variation band of the target, according to National Bank of Romania (BNR) Governor…




12:58, 08.08.2019

BNR keeping year-end inflation target at 4.2pct

The National Bank of Romania (BNR) is keeping the year-end inflation target at 4.2pct, estimating a 3.4-pct 2020 year-end inflation, BNR Governor Mugur Isarescu said Thursday upon releasing the bank's quarterly…




22:12, 04.07.2019

June inflation could drop below 4pct in Romania

June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference."There will be no rampaging…




17:36, 03.07.2019

Joint plenary meeting of Parliament for the appoinment of BNR BD and Fiscal Council members started

The Senate and the Chamber of Deputies gathered on Wednesday in a joint extraordinary session to appoint the new members of the Board of Directors (BD) of the National Bank of Romania (BNR), the Fiscal Council…




17:14, 07.03.2019

BNR Governor Mugur Isarescu meets Governor of the People's Bank of China Yi Gang

Governor of the National Bank of Romania (BNR) Mugur Isarescu, on February 28 - March 5, paid an official visit to the People's Republic of China, answering thus to an invitation extended by Governor of the People's…




17:39, 11.02.2019

BNR Governor Isarescu: BNR's main objective in 2018 was achieved; we had fair, well-balanced policy

The main objective of the National Bank of Romania (BNR), namely the stability of prices was achieved in 2018, BNR Governor Mugur Isarescu stated on Monday, when presenting the Quarterly Report on Inflation, adding…




17:39, 11.02.2019

Senate: BNR Governor to be heard on Tuesday by the economic and budget committees

BNR (National Bank of Romania) Governor Mugur Isarescu on Tuesday will have a hearing within the joint economic and budget-finance committees of the Senate, starting 11.00 am.The head of the economic committee,…




16:19, 28.01.2019

ALDE's Daniel Zamfir: BNR governor invited to Senate's economic committee

BNR (National Bank of Romania) Governor Mugur Isarescu on Tuesday is invited to the economic committee of the Senate to discuss the end-of-year report of the central bank and the method for establishing the ROBOR…




14:37, 10.12.2018

BNR's Isarescu: Consumer price index very likely to enter 2.5pct plus/minus 1pct fluctuation band

The National Bank of Romania (BNR) will fulfill its two mandates this year - price and financial stability, BNR Governor Mugur Isarescu said on Monday at a news conference where the bank's report on financial stability…




15:07, 28.11.2018

BNR's Isarescu: Committee for Preparing Changeover to Euro, to release two reports

The Committee for Preparing the Changeover to the Euro will release two reports in December, the documents are highly technical though and are 300-page long and we have strived to translate the document from Romanian…




09:45, 15.06.2018

BNR's Isarescu: Romania's joining euro zone, not an option, an obligation

Romania's joining the euro zone "is not an option, it is an obligation", National Bank of Romania (BNR) Governor Mugur Isarescu stated on Thursday, pointing out that this step must be carefully taken, only when…




19:52, 09.05.2018

National Bank Romania revises upwards to 3.6pct inflation forecast for end-2018

The National Bank of Romania (BNR) has revised the inflation forecast for the end of this year to 3.6pct, BNR Governor Mugur Isarescu said on Wednesday. The previous forecast indicates an inflation of 3.5pct in…




00:15, 05.05.2018

PSD's Dragnea: Central bank is inducing a state of mistrust in the gov't

The Speaker of the Chamber of Deputies Liviu Dragnea says in a letter made public on Friday, after the talks he had on Thursday with Prime Minister Viorica Dancila and the National Bank of Romania (BNR)'s Governor…




09:33, 04.05.2018

Dragnea, Dăncilă, Isărescu agree on efficient, balanced mix of fiscal, budgetary, monetary policies

The meeting of Chamber of Deputies Speaker Liviu Dragnea, Prime Minister Viorica Dancila and National Bank of Romania (BNR) Governor Mugur Isarescu at the Parliament House on Thursday was a "constructive dialogue,"…




22:56, 25.04.2018

President Iohannis: Gov't, BNR should avoid competing approaches

President Klaus Iohannis met on Wednesday the management of the National Bank of Romania (BNR), represented by Governor Mugur Isarescu and First Deputy Governor Florin Georgescu, underscoring that the independence…




18:12, 07.02.2018

BNR's Isarescu: Three-month ROBOR to follow today's augmentation, credits due to marginally go up, consequently

The three-month ROBOR Romanian Interbank Offer Rate, the one influencing the interest rate of loans granted in lei will follow, within a certain period of time the augmentation of Wednesday's key interest and loans…




14:28, 08.08.2017

BNR upwardly adjust end-2017 inflation forecast to 1.9pct

The National Bank of Romania (BNR) has upwardly adjusted to 1.9 percent its inflation forecast for the end of 2017, BNR Governor Mugur Isarescu said on Tuesday. The adjustment was made from a previously estimated…




11:57, 10.11.2016

BNR maintains 2016 inflation prognosis at minus 0.4 pct; for 2016, prognosis revised upwards, to 2.1

The National Bank of Romania (BNR) maintains its inflation estimation for this year at minus 0.4 percent, however it revises upwards the prognosis for next year, to 2.1 percent, from 2 percent, as estimated in…