MONETARY POLICY
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BNR Keeps Key Rate Steady At 5.25%
Romania's central bank kept its key rate unchanged at 5.25% for the ninth consecutive meeting Thursday, as widely expected, as the country's inflation rate remains above-target, but it took...
Isarescu: BNR Will Begin Rate Cut Cycle
Romania’s central bank plans to begin a monetary policy easing cycle, as soon as the next board meeting scheduled for July 1, hoping the economic developments will not stop the process, gove...
Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?
After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says...
BNR Governor Sees No Immediate Policy Tightening
Romanian central bank governor Mugur Isarescu said Wednesday that the weak domestic demand is prompting the bank to keep a prudent stance regarding a possible tighter monetary policy, despit...
BNR Sees Inflation Outside Target Range Until 2H '13
Romania's central bank expects the annual inflation rate will stay outside the target range until the second half of 2013, governor Mugur Isarescu told a news conference Friday.
Romania Central Bank Holds Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the fifth consecutive time Friday, in line with expectations, after inflation accelerated to its fastest pace in more than two...
BNR Keeps Key Rate Unchanged At 5.25%
Romania's central bank on Thursday kept its main monetary policy rate unchanged at 5.25% a year, in line with expectations, amid higher inflationary risks due to increasing oil and food pric...
Isarescu: Monetary Easing Cycle Halted Over Political Developments
Romanian central bank governor Mugur Isarescu Wednesday said the bank has halted its monetary policy easing as a reaction to a mix of domestic and international developments, including the r...
BNR Likely To Cut Key Rate Again In May - Analysts
The central bank is expected to lower the key monetary policy rate by another 25 basis points in May, to 5%, but it is unlikely to go below this point, according to analyst estimations.