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KEY RATE

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Romania Central Bank Cuts Key Rate By 25 BPs To 5.75%
Banks-Insurance

Romania Central Bank Cuts Key Rate By 25 BPs To 5.75%

Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery.

Bogdan Neagu · 05.01.2012 · 12:21 · 2 min
Banks-Insurance

BNR Expects Rate Cut To Show In Loan Interests

The persistence of low demand in the economy and the weak lending have persuaded the central bank (BNR) to finally relax the monetary policy after an eighteen-month hiatus.

Claudia Medrega · 03.11.2011 · 00:00 · 3 min
BNR Cuts Key Rate To Boost Lending
Macroeconomics

BNR Cuts Key Rate To Boost Lending

Romania’s central bank Wednesday lowered its main interest rate by a quarter of a point to 6% a year, the first cut in the last year and a half, in a move to boost bank lending and energize...

Florentina Dragu · 02.11.2011 · 12:10 · 1 min
Business Vs BNR: Lower Rates Needed To Boost Consumption
Banks-Insurance

Business Vs BNR: Lower Rates Needed To Boost Consumption

Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than...

Ciprian Botea · 13.10.2011 · 00:00 · 3 min
BNR Promises To Adjust Monetary Policy "Gradually"
Banks-Insurance

BNR Promises To Adjust Monetary Policy "Gradually"

An easing of the monetary policy is yet to be seen despite inflation falling abruptly, because of doubts over external developments, capital flows and administrated and volatile prices.

Claudia Medrega · 30.09.2011 · 00:00 · 3 min
Romania Central Bank Leaves Key Rate On Hold At 6.25%
Macroeconomics

Romania Central Bank Leaves Key Rate On Hold At 6.25%

Romania’s central bank Thursday left its main interest rate at a record low of 6.25% a year for the eleventh straight time, dampening hopes for a monetary easing to help bolster lending.

Florentina Dragu · 29.09.2011 · 13:22 · 1 min
Entrepreneurs Believe BNR Will Cut Key Rate This Time
Banks-Insurance

Entrepreneurs Believe BNR Will Cut Key Rate This Time

Businesspeople continue to expect a signal from the central bank (BNR) to boost the economy by encouraging lending, after a year and a half during which the key rate has been frozen at 6.25%...

Loredana Frățilă-Cristescu · 28.09.2011 · 00:00 · 2 min
Analysis

Will BNR Start Cutting Its Key Rate? Barclays Says Yes, ING Believes Expectations Are Wrong

The falling inflation, disappointing economic growth and the risk outlooks for 2012 will make a case for the Romanian central bank (BNR) to give a monetary policy easing signal at the Septem...

Razvan Voican · 31.08.2011 · 00:00 · 2 min
BNR Set To Discuss Monetary Policy Rate And Minimum Leu Reserve Cut
Banks-Insurance

BNR Set To Discuss Monetary Policy Rate And Minimum Leu Reserve Cut

The National Bank of Romania (BNR) will discuss cutting the monetary policy interest rate and the minimum leu reserve requirements this fall in order to encourage lending in the local curren...

Cristian Hostiuc · 24.08.2011 · 00:00 · 2 min