MONETARY POLICY
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Romanian Central Bank Keeps Key Rate Unchaged At 6.25%
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the tenth straight time, as inflation is still likely to top the bank’s forecast.
Negritoiu, ING: Monetary Policy Is Like High Blood Pressure. It Doesn’t Hurt, But Can Kill You
The Romanian central bank (BNR) has long been talking about discouraging euro-denominated loans after letting them become dominant, but is not taking concrete steps to encourage the use of l...
A Monetary Policy Change Likely Later In The Year - Franks
A potential change in the monetary policy is a decision that can be made later this year, not necessarily in Wednesday's board meeting of the central bank, said Jeffrey Franks, the head of t...
Isarescu Says 2005/06 Monetary Policy Tightening Not Good
Romanian central bank’s monetary policy tightening in 2005-2006 had a negative impact on prices, because it led to a non-sustainable appreciation of the leu and a boom of the foreign currenc...
IMF’s Franks: BNR Could Tighten Monetary Policy As Inflation Stays High
Romania’s central bank BNR might tighten the monetary policy in the coming months as the inflation will stay between 8% and 8.5% until July, Tuesday said Jeffrey Franks, chief of the Interna...