It is also the third rate cut in 2015, after another two 25-basis point reductions in the previous two months.
The central bank’s board also decided to narrow the symmetrical corridor of interest rates on the standing facilities around the policy rate to plus/minus 1.75 percentage points from plus/minus 2 percentage points.
“Thus, starting 1 April 2015, the interest rate on (the central bank’s) lending facility (Lombard) is lowered to an annual 3.75% from 4.25%, while its deposit facility rate will remain at 0.25% per annum,” the bank said in a statement.
The bank kept its minimum requirement ratios at 14% for hard currency deposits and 10% for leu deposits.