EXCHANGE RATES
| EUR 4.9126 | GBP 5.6911 |
| USD 4.6804 | CHF 5.9667 |
| BGD 2.5117 | MDL 0.2374 |
BNR INTEREST RATES
| Deposit facility: | 5.75% |
| Policy rate: | 6.75% |
| Lending facility: | 7.75% |
INFLATION RATE
| 15.32% (Oct. 2022) BNR Target 2022: 2.50% (variation band: ± 1pp) |
BUCHAREST STOCK EXCHANGE INDICES
| BET 1.54%, BET-TR 1.54%, BET-FI 0.50%, BET-NG 1.31%, BET-XT 1.30%, BETXT-TR 1.30%, BET-BK 0.86%, RO-TX 1.60%, BETAeRO -0.45% |
POLITICS
11:17 Romania’s President Klaus Iohannis on Tuesday (Nov. 6) will attend a European Union – Western Balkans summit meeting in Tirana, Albania, according to the Presidential Administration.
11:05 The standpoint of Sweden to support Romania’s accession to Schengen, the Laws of Justice and the activity of Romanian prosecutors who are investigating crimes in Justice were among the topics which Justice Minister Catalin Predoiu discussed on Monday with Sweden’s Ambassador Therese Hyden, Agerpres reported.
11:01 In the first half of next year the master plans for health services would be ready for five regions in Romania and the three that already exist would be revised, the Minister of Health, Alexandru Rafila, said on Monday at the “George Emil Palade” University of Medicine, Pharmacy, Sciences and Technology of Targu Mures.
ECONOMY
11:39 The National Bank of Romania will put into circulation for numismatic purposes a silver coin to mark 140 years since the establishment of the Bucharest Stock Exchange. Obverse: the current headquarters of the Bucharest Stock Exchange, the inscription “ROMANIA” in an arc, the face value “10 LEI”, the coat of arms of Romania and the year of issue “2022”. Reverse: a vintage image of the former headquarters of the Bucharest Stock Exchange and the inscriptions “BURSA DE VALORI BUCURESTI” and “140 ANI”.
11:21 The number of new car registrations, recorded in Romania in January-November 2022 increased by 6.9% y-o-y, up to 116,891 units, the data of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), cited by the Romanian Automobile Manufacturers Association (ACAROM) showed.
10:37 Retail trade volume, except trade of motor vehicles and motorcycles, grew by 4.5% in Romania, in January-October 2022 both unadjusted and as adjusted series depending on the number of business days and seasonality, the National Institute of Statistics (INS) data showed.
10:25 In the third quarter of 2022 the adjusted hourly labour cost (working days adjusted) registered an increase rate of 10.89% y-o-y, according to INS data.
MARKET & COMPANIES
09:46 Romania plants account for one quarter of EU upholstery output. Output of upholstery and covers, including car covers, topped EUR470 million in Romania, according to Eurostat data.
09:32 The prices of the old three-room apartments in Bucharest stagnated for the first time in November, after having dropped by EUR500 or 0.5% to EUR107,850 in October, the real estate index compiled by Ziarul Financiar and real estate consultant SVN Romania showed.
09:16 The number of commercial companies and PFA registered sole traders going into liquidation in Romania went up by 10.68% in the first ten months of 2022, y-o-y, with 5,387 insolvencies being registered, according to data posted on the website of the National Companies Registry Office (ONRC).
09:03 Romanian companies must take solid measures to hedge away currency risk, as fluctuations in the financial markets tend to increase along with economic problems growing critical, an analysis by Moneycorp Romania revealed.
SOCIETY
11:32 Over a third of Romanians will not travel for Christmas; 76% claim that they have money for all gifts, according to Revolut.
11:10 On Monday (Nov. 5), a number of 72,573 people entered Romania through border points throughout the country, of whom 7,223 were Ukrainian citizens, down 4.96% compared to the previous day, according to the General Inspectorate of the Border Police (IGPF).
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