The Administration Board of the National bank of Romania (BNR) decided on Friday to keep unchanged the monetary policy rate at 1.75 percent per annum.
BNR also decided to maintain the existing levels of minimum reserve requirement ratios on both RON and foreign currency-denominated liabilities of credit institutions.
The board also decided to pursue adequate liquidity management in the banking system.
The NBR Board has also analyzed and approved the new quarterly Inflation Report. The Report will be released to the public in a press during a conference on November 10, 2016.