MONETARY POLICY
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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.
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...
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...
Romania Central Bank Cuts Key Rate To 3% From 3.25%
Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s e...
BNR Cuts Forex Reserve Requirements, But Keeps Key Rate Steady At 3.5%
Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for fo...
BNR Still Has Room To Ease Monetary Policy, Governor Says
The Romanian central bank still has room to ease the monetary policy, as the minimum reserve requirements and the key rate are rather high compared with the other countries in the region, go...
Isarescu: Leu Should Fall, But I’m Afraid It Won’t Happen
The Romanian leu should fall after the lowering of the key rate and the reserve requirements, central bank governor Mugur Isarescu said Wednesday, adding that such a scenario is not certain.
Romania Central Bank Cuts Key Rate By 25 Bps To All-time Low Of 3.75%
Romania’s central bank Wednesday cut the key monetary policy rate by 25 basis points to a record low of 3.75%, in a move aimed at restarting a sluggish lending activity.
BNR Will Cut Key Rate Only If Inflation Enters Target Band
Romania’s central bank pledged it would not further reduce the monetary policy rate if inflation stays above the targeted level, according to the final version of the country’s letter of int...