Romania Interest Rate

The benchmark interest rate in Romania was last recorded at 3.50 percent. Interest Rate in Romania is reported by the National Bank of Romania. Interest Rate in Romania averaged 7.34 Percent from 2005 until 2014, reaching an all time high of 12.50 Percent in May of 2005 and a record low of 3.50 Percent in February of 2014. In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate. This page provides - Romania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.50 12.50 3.50 3.50 | 2014/04 2005 - 2014 Percent Monthly

TO

Romania Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-05 10:25 AM Romania
Interest Rate Decision
4% 4.25% 4% 4%
2014-01-08 12:00 PM Romania
Interest Rate Decision
3.75% 4% 3.75%
2014-02-04 11:10 AM Romania
Interest Rate Decision
3.5% 3.75% 3.5%
2014-03-28 11:00 AM Romania
Interest Rate Decision
3.5% 3.5% 3.5%
2014-05-06 08:00 AM Romania
Interest Rate Decision
3.5%
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Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 34409.90 2014-03-31 34860.20 38757.10 2598.50 34761.93 2014-04-30 EUR Million [+]
Interbank Rate 2.93 2014-04-30 3.06 198.37 2.33 2.75 2014-05-31 Percent [+]
Interest Rate 3.50 2014-03-28 3.50 12.50 3.50 3.50 2014-04-30 Percent [+]
Money Supply M0 35990.40 2014-02-28 34943.40 35990.40 95.20 36679.93 2014-03-31 RON Million [+]
Money Supply M1 102338.20 2014-02-28 99734.00 102338.20 21882.80 105043.98 2014-03-31 RON Million [+]
Money Supply M2 242708.40 2014-02-28 240384.00 242708.40 62118.30 246810.52 2014-03-31 RON Million [+]
Money Supply M3 242876.60 2014-02-28 240541.40 242876.60 62331.30 246889.76 2014-03-31 RON Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Romania Exports at 4338.90 EUR Million  
Exports in Romania increased to 4338.90 EUR Million in February of 2014 from 3935.70 EUR Million in January of 2014. Exports in Romania is reported by the Institutul National de Statistica.
Romania GDP Constant Prices at 32907.50 RON Million  
GDP Constant Prices in Romania increased to 32907.50 RON Million in the fourth quarter of 2013 from 32388 RON Million in the third quarter of 2013. GDP Constant Prices in Romania is reported by the Institutul National de Statistica.
Romania Government Spending at 1377.70 RON Million  
Government Spending in Romania increased to 1377.70 RON Million in the fourth quarter of 2013 from 1347.90 RON Million in the third quarter of 2013. Government Spending in Romania is reported by the Institutul National de Statistica.
Romania Gross Fixed Capital Formation at 8537.90 RON Million  
Gross Fixed Capital Formation in Romania increased to 8537.90 RON Million in the fourth quarter of 2013 from 8505.60 RON Million in the third quarter of 2013. Gross Fixed Capital Formation in Romania is reported by the Institutul National de Statistica.
Romania Imports at 4653.70 EUR Million  
Imports in Romania increased to 4653.70 EUR Million in February of 2014 from 4186.90 EUR Million in January of 2014. Imports in Romania is reported by the Institutul National de Statistica.
Romania Job Vacancies Rate at 0.74 Percent  
Job Vacancies in Romania decreased to 0.74 percent in the fourth quarter of 2013 from 0.78 percent in the third quarter of 2013. Job Vacancies in Romania is reported by the Institutul National de Statistica.
Romania Labour Costs at 145.40 Index Points  
Labour Costs in Romania increased to 145.40 Index Points in the fourth quarter of 2013 from 140.70 Index Points in the third quarter of 2013. Labour Costs in Romania is reported by the Eurostat.
Romania Producer Prices at 115.10 Index Points  
Producer Prices in Romania decreased to 115.10 Index Points in February of 2014 from 115.30 Index Points in January of 2014. Producer Prices in Romania is reported by the Institutul National de Statistica.
Romania Producer Prices Change at -1.17 Percent  
Producer Prices in Romania decreased 1.17 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Romania is reported by the Institutul National de Statistica.
Romania Remittances at 488.00 EUR Million  
Remittances in Romania decreased to 488 EUR Million in the fourth quarter of 2013 from 619 EUR Million in the third quarter of 2013. Remittances in Romania is reported by the Eurostat.
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