The central bank left the minimum required reserve ratio unchanged at 8% for deposits in Romanian lei.
Central bank governor Mugur Isarescu said in November, after the bank’s previous board meeting on monetary policy, that the central bank would maintain a cautious approach with respect to monetary easing.
“We will likely remain cautious in terms of the key rate, even with negative inflation. We’re not ruling out further easing,” said Isarescu, adding there is room for easing particularly on the reserve ratio front, to bring requirements closer to the levels in Europe.