National Bank of Romania keeps key rate at 6.50% amid high inflation
The National Bank of Romania (NBR) has decided to keep its monetary policy rate unchanged at 6.50% per annum, following a meeting of its Board on October 8.
The National Bank of Romania (NBR) has decided to keep its monetary policy rate unchanged at 6.50% per annum, following a meeting of its Board on October 8.
Annual inflation rate will fluctuate sharply in the first semester of 2025 and in the second semester it will decrease on a higher trajectory than in the previous projection.
The six-month index, used to calculate interest rates on variable-rate lei mortgage loans, stagnated at 5.97% per annum.
Mortgage loans worth €5.5 billion were granted in total at a national level in the first eight months of 2024, up 49% compared with the same period of last year, according to data from the National Bank of Romania (NBR).

Only three in ten (30%) global CEOs are confident their companies will have higher revenues in the next 12 months, according to the PwC Global CEO Survey 2026, launched at the World Economic Forum annual meeting in Davos. This percentage is the lowest in five years.
The National Bank of Romania's (BNR) Board of Directors decided on Monday to maintain the key interest rate at 6.50% per annum in its first monetary policy meeting of the year.
Romania recorded the highest annual inflation rate in the European Union in December 2025, reaching 8.6% according to data released by Eurostat.
Raiffeisen Bank has placed its first benchmark eurobond issuance with a total nominal value of €500 million, in a reference transaction for CEE capital markets.
Raiffeisen Bank has officially rejoined the Bucharest Stock Exchange (BVB) as a trading participant, marking its return to the Romanian capital market after relaunching brokerage services in December 2025.