“Most forecasts for December 2015 point to a key rate of 2%,” the association of financial and banking analysts AAFBR said in a statement Monday.
According to the survey, the central bank will leave the minimum requirements unchanged at this month’s board meeting. Banks have to park 10% of their leu deposits and 14% of foreign currency deposits at the central bank.
Analysts expect, however, a reduction of minimum required rates later this year, to 8% for leu-denominated deposits and 12% for foreign currency deposits.
In February, the central bank lowered the key rate to 2.25% from 2.5%, the fifth rate cut in the current reduction cycle started in August 2014, when the rate was at 3.5%.
Founded in 2008, AAFBR includes around 60 financial and banking analysts.