Press Releases of the Board of the National Bank of Romania

03.02.2010

The Board of the National Bank of Romania decided: to lower the monetary policy rate to 7.0 percent per annum from 7.5 percent starting with February 4, 2010; to ensure an adequate management of liquidity in the banking system; to maintain the existing level of minimum reserve requirement ratios. »»»

NBR's International Reserves - January 2010

01.02.2010

On January 31st 2010, National Bank of Romania’s foreign exchange reserves stood at EUR 28,037 million, compared to EUR 28,303 million on December 31st 2009. The gold stock has held steady at 103.7 tones. However, following the change in the international price of gold, its value amounted to EUR 2,586 million. »»»

About NBR

Architecture

The National Bank of Romania (NBR), established in 1880, is the country's central bank. The NBR's primary objective is to ensure and maintain price stability.

NBR is member of the E.S.C.B.

Zonele websitului

INFLATION RATE

  • Target 2011: 3.0%
  • Target 2010: 3.5%
  • Target 2009: 3.5%
  • (variation band: +/- 1pp)
  • Current value: 4.74%
  • (Dec 2009 / Dec 2008)
current forecast

NBR INTEREST RATES

  • Deposit facility: 3%
  • Policy rate: 7%
  • Lending facility: 11%
more

Exchange Rates

08/02/2010
1 EUR4,1325-0,0072-0,17%
1 USD3,0160-0,0068-0,22%
other currencies

Europa - Europe site