Central Bank reduces interest rate to 6.25 percent

Newsroom 04/05/2010 | 12:56

Romanian National Bank (BNR) announced that has set the interest rate to 6.25 percent per year, representing a 0.25 percent cut. The BNR measure was expected by analysts as long as the economy can’t exit the recession and the inflationist pressures are low.  The BNR maintained the current level of reserves both for RON and foreign currencies and reaffirmed its intention to supervise “the adequate management” of banking sector liquidities. 

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
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