The rate has remained unchanged since May 2015.
The central bank cut minimum reserve requirements on foreign currency liabilities to 8% from 10%. Reserve ratios for leu-denominated deposits remained unchanged at 8%.
Banks-Insurance
Central Bank Keeps Key Rate at 1.75%, Cuts Reserve Requirements on Forex Liabilities
Romania's central bank left its benchmark interest rate unchanged at a record low 1.75% a year Friday, and lowered minimum reserve requirements on foreign currency liabilities, the bank said in a statement.