Romania Central Bank lowers key rate to 3.5%

Newsroom 04/02/2014 | 13:21

Romania’s central bank Tuesday lowered its main monetary policy rate by a quarter of a point to a fresh all-time low of 3.5% a year, in line with market expectations.

Bloomberg: BNR sold up to EUR 1 bln to protect the national coin

Another decision adopted on Tuesday regards the adequate management of liquidity in the banking system. BNR’s board of administrators analyzed and approved the Quarterly Report on Inflation. The document will be presented to the press in a special conference on Thursday.

Analysts were expecting the Central Bank to reduce key rates. This is the last decrease in a cycle of relaxation for monetary policies which began in July 2013, with most estimates for december 2014 including an interest rate of 3.5%.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue