Central Banking

The annual inflation rate, as measured by consumer price indices, is expected to continue its downward trajectory throughout the year, before stabilizing in the upper half of the target range starting in 2026, according to National Bank of Romania (BNR) Governor Mugur Isarescu on Monday. The ongoing tension between the United States and the European Union was not factored into this forecast,

The National Bank of Romania (BNR) left its benchmark interest rate at 6.5% on Wednesday (Jan. 15), aligning with market expectations. It’s the third time in a row that policymakers opted to leave the rate unchanged amid ongoing political turbulence and inconsistent inflation slowdown. Romania’s annual inflation rate stood at 5.1% in December 2024, remaining at its highest level since August and

The National Bank of Romania (BNR) kept its key monetary policy rate at 7% for the seventh consecutive meeting in November, in line with market expectations. The rates to deposit and credit facilities remained at the 6% and 8%, respectively. Board members were of the unanimous opinion that the reviewed context overall warranted keeping the monetary policy rate unchanged, with a view