kids encyclopedia robot

National Bank of Romania facts for kids

Kids Encyclopedia Facts
Bancanationala anii1920
The Headquarters of the National Bank of Romania in the 1920s (Lipscani Street)

The National Bank of Romania (Romanian: Banca Naţională a României, BNR) is the central bank of Romania. It started in April 1880. It is in the capital city, Bucharest. The bank's first governor was Eugeniu Carada.

History

Robbery

On July 28, 1959, an armed group of six members of the Romanian Communist Party stole from an armored car of the National Bank of Romania 1,600,000 lei (about US$250,000 at 1959 prices).

Responsibilities

The main tasks of the National Bank of Romania are:

  1. to control the supply of money and its exchange with other currencies
  2. to control banks and make sure the economy is stable
  3. to make money
  4. to control how much money goes in and out of Romania

Coordinates: 44°25′57.34″N, 26°5′57.83″E

See also

Kids robot.svg In Spanish: Banco Nacional de Rumania para niños

kids search engine
National Bank of Romania Facts for Kids. Kiddle Encyclopedia.