Romanian households purchased RON 2.2 billion (EUR 440 million) of government bonds denominated in local currency and euros under the March issue of the Fidelis scheme (bonds listed at the Bucharest Exchange), Economica.net...
As of end-October, the forex reserves of the National Bank of Romania (BNR) stood at 39.843 billion euros, 3.33 pct down from 41.216 billion euros at the end of this September, the central bank announced in a release.Inflows recorded in October amounted to 599 million euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance, and into the European Commission's accounts, other.Outflows stood at 1.972 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt, other.Romania's gold stock remained unchanged at 103.6 tonnes worth 5.141 billion euros, as per the current international prices.Romania's international reserves (foreign currencies and gold) as of October 31, 2021 stood at 44.984 billion euros, compared with 46.187 billion euros this September.Payments due this November on the public and publicly guaranteed foreign currency denominated debt amount to roughly 83 million euros.
Romanian households purchased RON 2.2 billion (EUR 440 million) of government bonds denominated in local currency and euros under the March issue of the Fidelis scheme (bonds listed at the Bucharest Exchange), Economica.net...
The net foreign direct investments (FDI) to Romania contracted by 53% y/y to EUR 538 million in January, resulting in a total of EUR 5.1 billion (-28% y/y) in 12 months to the end of the month, according to data published by the central bank BNR. Out of the FDI in the 12 months to […]
Romania’s current account (CA) deficit has widened by 16% y/y to EUR 1.65 billion in January, after the 37% y/y surge in 2024, according to data published by the central bank BNR. The improvement in Romania’s external balance, expected for this year, is not yet visible in the January CA figures. The country’s GDP is […]
Ukraine's Security Service has banned Diana Șoșoacă, the leader of the far-right party SOS Romania, from entering the country due to her repeated anti-Ukrainian and pro-Russian statements. The entry ban is valid for three years, according to the official announcement. The Ukrainian Security Service said Șoșoacă supports the Russian war against Ukraine and questions Ukraine's […]
The Hanwha Group, a major South Korean arms manufacturer, intends to build an arms factory in Romania's southern Dâmbovița county within two years, with the prospect of it becoming a regional hub for systems, maintenance, and repairs. The announcement was made by Michael Coulter, CEO of Hanwha Global Defense, during a meeting with Romanian journalists. "In […]
The 10th edition of the Jazz in the Church festival will be held at the Lutheran Church in Bucharest from May 8 to 11, 2025, featuring a mix of artists recognized for their contributions to European jazz, as well as new artists. Among the major names on the lineup are Swiss artist Nik Bärtsch and […]