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Raiffeisen: The rise in the key interest rate can support the national currency

Publicat la 18.06.2008, 21:00:00

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Raiffeisen: The rise in the key interest rate can support the national currency

 “The recent depreciation of the leu, the strong advance of gross domestic product, (GDP), the rapid increase in wages, and the high rate of inflation definitely raise the chances of BNR increasing key interest to 10 percent,” said Raiffeisen Bank analyst, Martin Stelzeneder. He added that a key interest increase would support the leu.

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