Beyond accusations based on various ideological guidelines, no reasons for the alleged robbery, or for the Ioanid group to have perpetrated it, were ever given at the trial. Starting with 1 January 2007, when Romania had joined the European Union, NBR became part of the European System of Central Banks (ESCB), and the NBR's Governor, member of General Council of the European Central Bank (ECB). The head office of the National Bank of Romania with the view of Lipscani Street is one of the most imposing and massive bank edifices in Romania, nowadays a historic, art monument, and protected as such. 1. The National Bank of Romania is run by the Board of Directors. The domestic currency is the leu, with its fractional coin, the ban. The construction works carried on between 1942-44 under the direction of architect Ion Davidescu assisted by two other architects, Radu Dudescu and N. Crețoiu. to define and implement the monetary policy and the exchange rate policy; to conduct the authorisation, regulation and prudential supervision of credit institutions and to promote and oversee the smooth operation of the payment systems with a view to ensuring financial stability; to issue banknotes and coins as legal tender on the territory of Romania; to set the exchange rate regime and to supervise its observance; to manage the official reserves of Romania. 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.[4]. The National Bank of Romania keeps in its records the general current account of the State Treasury opened on behalf of the Ministry of Public Finance. It was erected on the former site of the inn built by Șerban Cantacuzino (1678–1688). The central bank is the sole institution vested with licensing and regulatory powers in the banking field, being responsible for prudential supervision of credit institutions in order to ensure the smooth functioning and viability of the banking system. The building is emblematic of the neo-classical style with rationalist influences that prevailed in the interwar period. The National Bank of Romania is the central bank of Romania. The National Bank of Romania (Romanian: Banca Națională a României, BNR) is the central bank of Romania and was established in April 1880. The National Bank of Romania supports the general economic policy of the Government without prejudice to its primary objective (Law No.312/2004). The NBR carries on its activity in Chrissoveloni Palace as well, which is located nearby, at 8 Lipscani Street. On 28 July 1959, an armed group of six Jewish Romanian, members of the Romanian Communist Party apparatus (the Ioanid Gang: Alexandru Ioanid, Paul Ioanid, Igor Sevianu, Monica Sevianu, Sașa Mușat and Haralambie Obedeanu) were alleged to have stolen from an armored car of the National Bank of Romania 1,600,000 lei (about 250,000 U.S. dollars at 1959 prices). Since December 2015, the National Bank of Romania has been the resolution authority for the banking sector. Its headquarters are located in the capital city of Bucharest. to design and implement the monetary policy and the exchange rate policy; to conduct the authorisation, regulation and prudential supervision of credit institutions, and to promote and oversee the smooth operation of the payment systems with a view to ensuring financial stability; to issue banknotes and coins as legal tender to be used on the territory of Romania; to set the exchange rate regime and to oversee its observance; to manage the international reserves of Romania. The exchange rates on this list are based on the quotes of the banks licensed to perform foreign exchange transactions . It was allegedly the most famous bank robbery in the Eastern bloc. Although the persons on trial were accused of intending to donate the money to Zionist organizations that would send Romanian Jews to Israel, the stolen sum was in lei, which at the time could not be exchanged for hard currency anywhere in the world.

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