Romania's central bank keeps key interest rate at 6.5%
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Romania's annual inflation rate climbed to 9.87% in March from 9.31% in February, driven by an 11.05% increase in services, 10.89% rise in non-food goods, and 7.67% growth in food prices, according to data published by the National Statistics Institute (INS).
The European Bank for Reconstruction and Development (EBRD) projects that Romania's economic growth will accelerate to 1.2% in 2026.
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's inflation remained at 9.7% at the end of 2025, with mixed pressures across different spending categories in December.
Romania's foreign exchange reserves decreased to €64.8 billion at the end of December 2025, down from €65.4 billion in November but up from €62.1 billion a year earlier, the National Bank of Romania announced.
Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.
The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.
According to the NBR release, the annual inflation rate accelerated its decline in the first two months of Q2 2024, falling to 5.12 percent in May.

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).