The central bank also raised the interest rate for its deposit facility to 3.75% a year from 2.75% a year and the interest for its (Lombard) lending facility to 5.75% a year from 4.75% a year, applicable as of July 7, the central bank said in a statement.
It also decided to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.
The bank also decided to keep a tight grip on money market liquidity.
The country’s central bank last raised its benchmark interest rate in May 2022, to 3.75% a year from 3% a year.