Romania keeps key interest rate unchanged

Newsroom 30/09/2011 | 15:08

The National Bank of Romania decided on Thursday to keep the monetary policy rate unchanged at 6.25 percent. This decision will support the current disinflation trend and will allow a tightening of real broad monetary conditions.

The central bank stated that the current industrial output and exports moderated, amid increased uncertainties regarding the eurozone sovereign debt crisis. The revival of loans to the private sector, especially leu-denominated lending, remained sluggish and Romania’s economic pace will be saved by the good agricultural output.

The National Bank also decided to further pursue an adequate management of liquidity in the banking system and maintain unchanged the minimum reserve requirements for both leu and foreign currency-denominated liabilities of credit institutions.

Ovidiu Posirca

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
    I agree with the storage and handling of my data by
    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