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KEY RATE

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Macroeconomics

BNR Cuts Key Rate By 25 Bps To Record Low 2%

Romania’s central bank on Tuesday lowered its main monetary policy rate by 25 basis points to a new record low of 2%, in a largely expected move, the sixth rate cut in the current reduction...

Bogdan Neagu · 31.03.2015 · 12:58 · 1 min
Macroeconomics

Romania Central Bank Cuts Key Rate By 25 Bps To 2.25%

Romania’s central bank on Wednesday lowered its main monetary policy rate by 25 basis points to a new record low of 2.25%, in a largely expected move as the bank sees the inflation staying w...

Bogdan Neagu · 04.02.2015 · 12:32 · 1 min
Key Rate Cut May Push Leu Loan Interests To Less Than 5%
Banks-Insurance

Key Rate Cut May Push Leu Loan Interests To Less Than 5%

Interests on leu loans have gone down with each monetary policy easing step of Romania's central bank so they are now competing with the cost of foreign currency loans. The adjustment trend...

Loredana Frățilă-Cristescu · 08.01.2015 · 07:42 · 1 min
BNR Cuts Again Key Rate By 25 Bps, To A Record Low Of 2.5%
Macroeconomics

BNR Cuts Again Key Rate By 25 Bps, To A Record Low Of 2.5%

Romania’s central bank Wednesday cut its main monetary policy rate by 25 basis points, to a record low 2.5%, in line with market expectations.

Bogdan Neagu · 07.01.2015 · 17:07 · 2 min
After Rate Cut, Isarescu Tells Again Bankers To Go Look For Customers
Banks-Insurance

After Rate Cut, Isarescu Tells Again Bankers To Go Look For Customers

Romania’s central bank on Tuesday cut the key rate again, to 2.75%, in another attempt to encourage lending. Governor Mugur Isarescu urges banks to get close to their customers and not expec...

Loredana Frățilă-Cristescu · 05.11.2014 · 00:00 · 2 min
Macroeconomics

Romania Central Bank Cuts Key Rate By 25 Bps To 2.75%

Romania’s central bank Tuesday cut its main monetary policy rate by 25 basis points, to a record low of 2.75%, as inflation is still below its target while the economic growth is slowing dow...

Bogdan Neagu · 04.11.2014 · 17:29 · 2 min
Macroeconomics

Romania Central Bank Expected To Cut Key Rate To 2.75% Tuesday

Romania’s central bank might cut the key rate to 2.75% in its Tuesday monetary policy board meeting, while keeping requirement ratio for leu deposits unchanged, according to a survey of the...

Bogdan Neagu · 03.11.2014 · 11:21 · 1 min
PM: Romania’s Central Bank Likely To Cut Key Rate To Less Than 3%
Banks-Insurance

PM: Romania’s Central Bank Likely To Cut Key Rate To Less Than 3%

Romania’s central bank may cut its main monetary policy rate to less than 3% a year in the upcoming days, Prime Minister Victor Ponta said Tuesday.

Gabriela Stan · 28.10.2014 · 12:44 · 1 min
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
Macroeconomics

Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once

The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...

Loredana Frățilă-Cristescu · 01.10.2014 · 16:46 · 3 min