exchange rate

The ratio between the net revenues coming as direct investment in the country and the (chronically negative) current account of Romania’s balance of payments has deteriorated rapidly over the past three years and is heading to values that...

The trade deficit in the second quarter of 2017 was EUR 3,520.7 million, according to the data provided by the INS, which shows a spectacular increase by about 52% compared to the first quarter of the current year....

The Governor of the National Bank of Romania, Mugur Isarescu (foto), has launched harsh allegations against the policy of encouraging consumption, which has unbalanced the economy and leads to financing jobs abroad, as imports increased faster than exports...

The National Bank of Romania (BNR) announced an average rate of 4.5872 lei on Thursday, following the sharp depreciation in the first part of the day on the interbank market, from 4.5775 lei/euro on Wednesday to 4.5871 at...

* Macroeconomic confidence index * The macroeconomic confidence index of CFA Romania increased to 60.8 points in April, considerably above the previous month (by 4 points), but still far from the value at which it capped last year...

The 2017 spring prognosis of the National Prognosis Commission, subordinated to the Government, reassessed and doubled the real wage increase for the period 2016-2019. In short, from 19% a year ago, it has reached 38%, which is the...