The key rate is likely to reach 4% in December, according to a median forecast of the analysts’ association.
For December 2014, most analysts see the key rate also at 4%, but there are some who expect a further cut to 3.75%.
The central bank surprised the markets with a larger-than-expected 50 basis points cut in August, from 5% to 4.5%.
Analysts expect the central bank to keep the minimum reserve requirements unchanged at 15% leu-denominated liabilities and at 20% for foreign currency liabilities this year. Some analysts predict lower requirements in 2014.