Banca Nationala a Romaniei

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Banca Nationala a Romaniei
Government of Romania

General Information
Country	Romania
Headquarters	Muntenia
Established	Dec 31, 2007
Founders	Cristi Badea, iepurilah
Newspaper	BNR Daily

Organisation
Part of	Romania
Type	National Bank
Governor	Nukeru

The National Bank of Romania (Romanian: Banca Naţională a României, BNR) is the central bank of Romania and was established in Dec 31, 2007 by Cristi Badea and iepurilah. It is located in the capital city, Bucharest. The bank's governor is Nukeru. The National Bank of Romania is responsible for the issue of the Romanian leu and as such it sets the monetary policy, holds the currency reserves and manages the exchange rate.

The Governor of The National Bank of Romania is appointed by the President.

Responsibilities

The main tasks of the National Bank of Romania are the following:

to define and implement the monetary policy and the exchange rate policy;
to manage the official reserves of Romania.

Economy

Currency

The official currency in Romania is the RON, Romanian New Leu (Romanian: Leu românesc). Exactly as in the rest of eRepublik countries, Gold can also be used in Romania.

Currency rates

Since December 31, 2007, Banca Nationala a Romaniei (National Bank of Romania) has been regulating the monetary market of Romania to ensure the stability of the exchange rates. Because the high number of monetary speculators and the monetary attacks during wars, the role of the National Bank of Romania is a very important one. Each month, the minister of economy, who leads the National Bank, is chosen by the president. As of 12 September 2013 the exchange rates are:

1 = 214.440

1 = 0.005

Taxes

Product	Import Tax	VAT
Food	5%	8%
Weapon	1%	10%
Aircraft weapon
Moving ticket	99%	10%
House	10%	10%

Raw material	Work Tax	Import Tax	VAT
Food raw material			-
Weapon raw material			-
Aircraft weapon raw material			-
House raw material			-

Country trading embargoes

Romania has country trading embargoes with the following countries:

Bank reserves

Foreign exchange reserves : 127134.75

Gold reserves : 102.26

Sucursale

The National Bank of Romania has 10 branches : BNR Bucovina, BNR Crisana, BNR Dobrogea, BNR Maramures, BNR Moldova, CoreOrders investment bank, Resevoir, fantasy org, Spanu Org, KD Group.

Governor of The National Bank of Romania

Place in time	Governor	Party
2013 - January	Damayanty	eLegiunea Arhanghelului Mihail
2013 - February	matracuca	Independent
2013 - March	Damayanty	eLegiunea Arhanghelului Mihail
2013 - April	Damayanty	eLegiunea Arhanghelului Mihail
2013 - May	Damayanty	eLegiunea Arhanghelului Mihail
2013 - June	Damayanty	eLegiunea Arhanghelului Mihail
2013 - July	OrgyOfHate	The Matza Party
2013 - August	Damayanty	eLegiunea Arhanghelului Mihail
2013 - September	Nukeru	eRomanian Brainstorming Party