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Isarescu: BNR will slash the forex minimum reserve requirement whenever it has the chance

The National Bank of Romania (BNR) will slash the forex minimum reserve requirement whenever it has the chance, the central bank's Governor, Mugur Isarescu told a press conference on Wednesday. "The diminishing of the forex minimum reserve requirement is connected to a calendar announced many years ago, with a fair target to reach a normality, the place where the reserves in the European Union stay, and with the specification that huge steps were made in this ...

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