Press Release of the Board of the National Bank of Romania

02/02/2012

In its meeting of February 2, 2012, the Board of the NBR decided: to lower the monetary policy rate to 5.50% from 5.75% starting with February 3, 2012; to ensure adequate management of liquidity in the banking system; to maintain the existing levels of minimum reserve requirement ratios on both leu-denominated and foreign currency-denominated liabilities of credit institutions. »»»

NBR's International Reserves, January 2012

01/02/2012

On Jan.31st 2012, NBR’s foreign exchange reserves stood at EUR 32,696 mill., compared to EUR 33,193 mill. on Dec.31st 2011. The gold stock has held steady at 103.7 tonnes. The international reserves (foreign currencies and gold) stood at EUR 37,089 mill., compared to EUR 37,251 mill. on Dec.31st 2011. »»»

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 as from 2013: 2.5%
  • Target 2012: 3.0%
  • Target 2011: 3.0%
  • (variation band: +/- 1pp)
  • Current value: 3.14%
  • (Dec 2011 / Dec 2010)
current forecast

NBR INTEREST RATES

  • Deposit facility: 1.50%
  • Policy rate: 5.50%
  • Lending facility: 9.50%
more

Exchange Rates

03/02/2012
1 EUR4.3467-0.0003-0.01 %
1 USD3.2988-0.0065-0.20 %
other currencies
 
 
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