International Reserves in Romania
Romania - International ReservesActivity likely remained subdued in Q4 2019, after growth slowed to an over five-year low in Q3 as both the industrial and external sectors felt the pinch of protracted weakness in the EU. Industrial production contracted at a sharper pace in October, showing the industrial sector was not yet out of the doldrums. However, retail sales expanded solidly in October-November, supported by a tight labor market. On the political scene, on 10 January, Prime Minister Ludovic Orban announced he reached an agreement with President Klaus Iohannis to organize procedures to hold snap elections. A working group was set up to secure support from Parliament and determine the date of the elections, which look set to be held as closely as possible to local elections due in May-June. Moreover, in mid-December, the government approved the 2020 budget, which targets a fiscal deficit of 3.6% of GDP, well above the EU’s 3.0% limit.
Romania - International Reserves Data
|International Reserves (EUR)||32.5||32.2||32.2||34.2||33.5|
5 years of economic forecasts for more than 30 economic indicators.
Romania International Reserves Chart
Source: National Bank of Romania.
|Bond Yield||4.49||0.23 %||Dec 31|
|Exchange Rate||4.26||-0.34 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
January 15, 2020
Consumer prices rose 0.4% month-on-month in December, up from November’s 0.2% uptick.
January 15, 2020
Industrial production dived 7.7% year-on-year in seasonally- and working day-adjusted terms in November, following October’s 7.6% fall and marking the sharpest contraction since May 2009.
January 8, 2020
On 8 January, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%, while also leaving the deposit facility rate at 1.50%, the lending facility (Lombard) rate at 3.50% and maintaining the reserve requirements on both leu- and foreign currency-denominated liabilities.
December 12, 2019
Industrial production dived 7.7% on an annual basis in October, following September’s 1.2% fall and marking the sharpest contraction since May 2009.
December 11, 2019
Consumer prices rose 0.2% month-on-month in November, down from October’s 0.4% increase.