exchange rate

The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage decreased by 0.3% and reached 2,704 lei, exactly the same as in March....

The deterioration of investors’ confidence in emerging economies and the default risk of loans to companies and population are the biggest risks to financial stability in Romania, according to a report published on Thursday by the National Bank...

The National Bank of Romania (BNR) is working on a permanent basis with the Government and the Ministry of Finance, but has no “power over fiscal policy,” said Mugur Isarescu, Governor of the National Bank of Romania on...

Romania has a discordant note with the other Central and Eastern European countries (CEE) regarding the economic growth strength in terms of macroeconomic balances. Economic growth in the CEE „maintains strong” in the first quarter of 2018, although...

The national gross average wage announced by the INS for January 2018 was 4,143 lei, a value that cannot be compared with the previous month because contributions have been moved from the employer to the employee. The corresponding...

Romania will pay more than RON 10 billion in 2018 only for interest and fees on foreign debt, according to the Ministry of Finance’s forecast of the government public debt service. The situation was valid before the last...