MINIMUM RESERVES
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Banks-Insurance
Economist: Central Bank To Cut Reserve Requirements In Its First Meeting In 2014
The Romanian central bank (BNR) will lower the minimum reserve requirements for leu-denominated liabilities and for foreign currency liabilities in its very first meeting in 2014, said macroeconomist Florin Citu.
Banks-Insurance
Central Bank Official: The Plan Is To Cut Minimum Reserves, But Gradually
The Romanian central bank’s current board ought to bring minimum reserve requirements closer to the European level (1% as of 2012) by the time a new board takes over starting next fall, said...
Banks-Insurance
BNR To Leave Minimum Reserves Unchanged In Next Months
The Romanian central bank (BNR) will leave unchanged its minimum reserve requirements imposed on commercial lenders over the next months to fend off inflationary risks and possible pressures...