National Bank of Romania


Also found in: Acronyms.

National Bank of Romania

The central bank of Romania. It controls issue of the Romanian leu, sets the monetary policy, holds currency reserves, manages the exchange rate, and has other similar responsibilities. It was established in 1880.
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References in periodicals archive ?
Representatives of Erste Bank (EBS.VI), Raiffeisen International (RAIFF.PK), EFG, National Bank of Greece, Unicredit (CRI.HA), Societe Generale (SOGN.PA), Alpha Bank (ACB.SG), Volksbank and Piraeus Bank (622319.BE) had attended yesterday's meeting with the officials of the International Monetary Fund and National Bank of Romania.
On 4 May 2010, the Board of the National Bank of Romania decided to lower the monetary policy rate to 6.25 percent per annum from 6.50 percent.
'Both the Constitution and the Romanian legislation are making the National Bank of Romania the only structure responsible for managing the national banking system,' he said.
On August 31st 2010, National Bank of Romania's foreign exchange reserves stood at EUR 31,554 million, compared to EUR 31,580 million on July 31st 2010.
The board of the National Bank of Romania has decided to keep its interest rate steady.
The bill will introduce changes to how National Bank of Romania (BNR) functions.
The National Bank of Romania has gradually eased the monetary policy panel while the commercial banks gradually followed the trend to reduce the interest rates.
The con is on for a group of Romania's high society in 1959 as they pull off a heist on the National Bank of Romania while pretending to shoot movie.
The issue was raised in a meeting between Iran's Ambassador to Romania Hamid Moayyer and Deputy Governor of National Bank of Romania Liviu Voinea in Belgrade on Friday.
Franklin Templeton said that the shares were priced at RON 24.00 and 6.09 (in relation to disposals via dollar-denominated Global Depositary Receipts, based on the National Bank of Romania's exchange rate of RON 3.9434 per as of 20 April 2016).
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