The National Bank of Romania is the central bank of Romania. The bank was founded in the year 1880. Since then the bank has been operating as an independent body with an objective of promoting and maintaining price stability in the country.
Important objectives of the bank are as follows:
- Issuing coins and banknotes
- Implementing monetary and foreign exchange policies
- Operating the payment system smoothly
- Setting the exchange rates
- Managing the reserves in the country
- Regulating the financial system
The management of the bank largely depends upon the board of directors. The board takes decisions upon monetary and exchange rate policies.
The Address and Contact details of the bank is as follows:
National Bank of Romania
Address: Strada Lipscani 25 RO-70421 Bucuresti Phone No.: ++40-1-313 04 10 Fax: ++40-1-312 38 31