Tag: romania-s-central-bank
Romania’s central bank keeps the key rate and minimum mandatory reserves at the current levels
BNR already cut the key rate by 0.5 percentage points three times this year, from 8 to 6.5 percent, and once by 0.25 percentage points, to the current level of 6.25 percent a year.This decision was anticipated by all the analysts of the Association...
Romania’s central bank changes inflation prognosis for the end of the year, to 7.8%
BNR also changed the inflation prognosis for 2011, from 2.8 to 3.1 percent.However, the inflation rate maintained within the interval targeted by BNR in the second trimester.Also, the VAT increase from 19 to 24 percent will pave the way to 3 percent higher prices...
Romania’s central bank keeps key interest rate and minimum mandatory reserves at the current level
BNR already cut the key rate by 0.5 percentage points three times this year, from 8 to 6.5 percent, and once by 0.25 percentage points, to the current level of 6.25 percent a year.This decision was anticipated by all the analysts of the Association...
Romania’s central bank cuts monetary policy rate by 0.25 percentage points, to a record low of 6.25%
The central lender slashed the benchmark rate from 8 to 7.5 percent in January and to 7 percent in February. In March, the board of BNR decided to follow the same trend and reduced the key interest rate to 6.5 percent a year.BNR maintained...