Economy | 8 May, 2025 at 2:56 PM
Euro jumps to new high against leu
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
The three-month ROBOR index, which is used to calculate the cost of consumer loans in lei with variable interest rates, increased to 7.25% per annum on Thursday, from 6.47% per annum in the previous session.
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
Romania's annual inflation rate fell to 4.86% in March 2025, down from 5.02% in February, according to data released on Friday by the National Institute of Statistics (INS).
The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.
FDI into Romania saw a decline in January 2025, totalling €543 million, down from €1,148 million in the same month last year.
The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
The gap between European and Romanian agricultural economic pressures widened in Q1 2026.
More frequent heatwaves, rising energy costs and concerns about indoor air quality are changing the way Romanians choose climate control solutions.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).
Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.