A senior advisor to the Governor of the National Bank of Romania cautions that future governments cannot simply stimulate welfare through political decisions, highlighting entrenched economic realities and cash hoarding trends.
The National Bank of Romania (BNR) has issued a critical warning that imposing 3.7 billion lei in fines on 10 banks by the Competition Council, representing 5-7% of their revenues, could critically impact the banking system's capacity to finance the population, economy, and public sector, potentially influencing rating agencies.
Romania's central bank has increased its inflation forecast for the end of 2026 to 5.5%, citing amplified inflationary pressures. This adjustment reflects growing concerns about future price stability.
The Romanian central bank and various business groups have come to the defense of lenders amidst allegations of ROBOR (Romanian Interbank Offer Rate) manipulation.
Romania's National Bank Governor Mugur Isărescu warned that failure to correct the budget deficit would lead to a loss of credibility, external accessibility, and the country's rating, jeopardizing recent gains.
The head of the National Bank of Romania issued a warning about the significantly lower foreign direct investments in the first half of 2026, attributing it to dividend distribution, reduced operational profitability, and other factors.
Romania's National Bank (BNR) has warned that risks to the leu exchange rate remain high. This is attributed to the ongoing conflict in the Middle East, the monetary policy outlook of major central banks, and persistent large twin deficits.
Mugur Isărescu, Governor of the National Bank of Romania, denied claims that the leu was artificially maintained, citing the doubling of foreign exchange reserves over the past five years as evidence.
The National Bank of Romania (BNR) announced that inflation decreased to 9.31% in February but is projected to increase again due to rising energy costs. The central bank's monetary policy meeting minutes highlighted short-term economic risks.
The National Bank of Romania (BNR) has issued a public warning about a company named Credora România falsely claiming to offer loans under a BNR license, stating that it has no knowledge of the firm and has not granted any such license.
Following renewed debate on Romania's transition to the euro, two members of the National Bank of Romania's board discussed the issue, noting that while the technology for printing euro banknotes has been acquired, other challenges remain.
Theories persist regarding the fate of Romanian gold reserves sent to Moscow during the First World War. Romanian central bank governor Mugur Isărescu commented on the ongoing discussions and various speculative stories surrounding the treasure.
The National Bank of Romania's board is convening today to determine whether to adjust, maintain, or increase the key interest rate, with analysts widely anticipating it will remain at 6.5 percent.
The National Bank of Romania has issued a warning about a new series of deepfake posts circulating online that use the image of Governor Mugur Isărescu to promote a false investment opportunity.