Romanian c bank announces increased reserves steps

The National Bank of Romania will increase its reserves to strengthen Romania's credibility on foreign markets and to create the conditions for a further improvement of the country's credit ratings, BNR Governor Mugur Isarescu said.

Source: Rompres news agency

The Board of the National Bank of Romania (BNR) has decided to take steps to ensure an increase in currency buying and in Romania's official reserves, BNR Governor Mugur Isarescu said on Thursday, 7 August.

"This measure is a response to