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RESERVE REQUIREMENTS

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Romanian Central Bank Keeps Key Rate at 1.5%, Eases FX Reserve Requirements
Macroeconomics

Romanian Central Bank Keeps Key Rate at 1.5%, Eases FX Reserve Requirements

Romania's central bank on Thursday decided to keep its benchmark interest rate unchanged at 1.5% a year, but lowered minimum reserve requirements on foreign currency liabilities to 5% from 6%.

Oana Gavrila · 12.11.2020 · 12:48 · 1 min
Isarescu: Lower Requirements Will Free Up RON3B
Macroeconomics

Isarescu: Lower Requirements Will Free Up RON3B

Romanian banks will have available for lending an additional 3 billion lei (EUR675 million) after the two-percentage point cut of the minimum reserve requirement ratio for leu deposits adopt...

Bogdan Neagu · 06.05.2015 · 16:35 · 1 min
Isarescu: Lower Reserve Requirements To Boost Available Liquidity By EUR500M
Banks-Insurance

Isarescu: Lower Reserve Requirements To Boost Available Liquidity By EUR500M

Romanian central bank’s governor Mugur Isarescu said Tuesday that the bank’s decision to cut its minimum reserve requirements on foreign currency deposits will free around EUR500 million in...

Florentina Dragu · 01.07.2014 · 18:03 · 1 min
BNR To Cut Reserve Requirements Tuesday - Sources
Banks-Insurance

BNR To Cut Reserve Requirements Tuesday - Sources

The Romanian central bank will lower the reserve requirements for foreign currency deposits at its next monetary policy meeting July 1, following a series of recent monetary easing policies...

Florentina Dragu · 25.06.2014 · 14:59 · 1 min
Isarescu: Central Bank Is Ready To Cut Reserve Requirements
Banks-Insurance

Isarescu: Central Bank Is Ready To Cut Reserve Requirements

Romania’s central bank governor Mugur Isarescu said Thursday that his institution is prepared to lower the minimum reserve requirements for both leu and foreign currency liabilities in 2014,...

Florentina Dragu · 12.12.2013 · 16:02 · 1 min
Isarescu: Leu Reserve Requirements Lowered ‘Gradually’
Banks-Insurance

Isarescu: Leu Reserve Requirements Lowered ‘Gradually’

Persistent cash shortage in the Romanian interbank market could prompt a reduction of the minimum reserve requirements for leu-denominated liabilities, but such a move would require extreme...

Florentina Dragu · 27.06.2012 · 17:24 · 1 min
IMF: Romania Central Bank Should Keep Reserve Requirements Unchanged
Banks-Insurance

IMF: Romania Central Bank Should Keep Reserve Requirements Unchanged

Romania's central bank should not lower its minimum reserve requirements imposed on commercial lenders in the following period to make sure it has sufficient buffer against potential difficu...

Florentina Dragu · 20.12.2011 · 17:15 · 1 min
Banks-Insurance

Lower FX Reserve Requirements Give Banks More Flexibility - Central Banker

Romanian central bank’s decision to lower minimum reserve requirements for hard currency liabilities aims to increase liquidity in the market and give more flexibility to local banks, centra...

Florentina Dragu · 07.04.2011 · 14:46 · 1 min