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MONETARY POLICY

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BNR Cuts Key Rate To A New Record Low Of 5.25%
Banks-Insurance

BNR Cuts Key Rate To A New Record Low Of 5.25%

Romania’s central bank (BNR) Thursday cut its key monetary policy rate by 25 basis points for the fourth consecutive time to a record low of 5.25% a year, amid a falling inflation and subdue...

Neagu Bogdan Mircea · 29.03.2012 · 17:28 · 2 min
BNR Governor: Rate Cut Aimed To Reduce Inflationary Expectations
Banks-Insurance

BNR Governor: Rate Cut Aimed To Reduce Inflationary Expectations

Romanian central bank’s decision to lower its key rate after 18 months of prudential approaches aims to reduce inflationary expectations and build up general confidence in the disinflation p...

Florentina Dragu · 07.11.2011 · 16:33 · 1 min
Romania Central Bank Sees Room For Further Monetary Easing
Macroeconomics

Romania Central Bank Sees Room For Further Monetary Easing

Romanian central bank has sufficient room to further reduce its key rates, but the easing process must be prudent because it’s tightly connected to market evolutions, governor Mugur Isarescu...

Florentina Dragu · 07.11.2011 · 14:39 · 1 min
Banks-Insurance

BNR Has Scope For Monetary Easing, Former FinMin Says

The lower inflation could give Romania’s central bank enough room to ease its monetary policy rate, even if not by much, analyst and former finance minister Daniel Daianu said Wednesday.

Florentina Dragu · 28.09.2011 · 13:18 · 1 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
Macroeconomics

Officials Warn: Any Excess In The Fiscal Or Monetary Policy Could Compromise Fragile Balance

After several days of downtime, shying away from publicly sketching scenarios meant to counter the new crisis' prospective contagion effects on the economy, political and government decision...

Iulian Anghel · 09.08.2011 · 00:00 · 3 min
Popa, BNR: Lower Key Rate Inopportune
Banks-Insurance

Popa, BNR: Lower Key Rate Inopportune

Romanian central bank will not lower its main interest rate over the next period, because a more relaxed policy would be inopportune at the moment, central bank’s deputy governor Cristian Po...

Florentina Dragu · 08.08.2011 · 15:11 · 1 min
BNR: Inflation To Ease Next Months, Upside Risks Remain
Macroeconomics

BNR: Inflation To Ease Next Months, Upside Risks Remain

Romanian central bank (BNR) Wednesday estimated the inflation will continue to fall in the coming months, helped by cheaper food items and a good farming year, but warned upside pressure fro...

Florentina Dragu · 03.08.2011 · 15:22 · 1 min