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The National Bank of Romania (Romanian: Banca Națională a României, BNR) is the central bank of Romania and was established in April 1880. Its headquarters are located in the capital city of Bucharest .
The Council of Administration of the National Bank of Romania is composed by nine members appointed by the Parliament of Romania, for a five-year, renewable term. The current Board of Directors of the National Bank of Romania [1] was appointed by Decision of the Parliament of Romania: Governor - Mugur Isărescu; First-Deputy-Governor - Florin ...
The amendments would make the BNR's statute an organic law to ensure "institutional and functional stability" and would allow for "transfer of BNR tasks to the ECB and introduction of the Euro as legal tender". In 2014, Romania's Convergence Report set the target date for the euro adoption as 1 January 2019.
As of 2024, the National Committee of Macroprudential Oversight of Romania has identified 9 locally-incorporated banks as systematically important and thus have to meet more stringent requirements: [10] Banca Transilvania; BRD – Groupe Société Générale; Banca Comercială Română (Erste Group) UniCredit Bank; Raiffeisen Bank; CEC Bank ...
Constantin Mugur Isărescu (Romanian pronunciation: [ˈmuɡur isəˈresku]; born 1 August 1949) is the governor of the National Bank of Romania, a position he has been holding since September 1990, with the sole exception of a period of time of one year (22 December 1999 to 28 December 2000), during which he served as Prime Minister of Romania.
Romania left the gold standard in 1914 and the leu's value fell. The exchange rate was pegged at 167.20 lei to US$ 1 on 7 February 1929, US$1 = 135.95 lei on 5 November 1936, US$1 = 204.29 lei on 18 May 1940, and US$1 = 187.48 lei on 31 March 1941.
The economy of Romania is a developing high-income mixed economy ... inflation stood at 7.8%, up from 4.8% in 2007 [44] estimated by the BNR at coming within 6% for ...
Ion Lapedatu has his name on plaques on the natal house in Săcele, in the National College Andrei Șaguna, and on the National Bank of Romania – Sibiu Agency. The conference hall of the National Bank of Romania, Regional Branch Cluj, is named after him. His portrait hangs in the Governor's Gallery in the National Bank of Romania.