BNR official : Interest rate cuts must continue

There was a certain cut in the interest rates set by the banks, but it must continue, Vice-Governor of the National Bank of Romania (BNR) Cristian Popa told the Romania Financial Forum on Wednesday. 'We see a certain interest rate cut but I consider it is not enough, it must continue. The margins between the active interests and the passive ones are still very high. During the summer period the interest rates have slightly surged, after having significantly plunged since the second ...

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