RSS
BNR maintains the key interest rate at 1.75 per cent per annum
The Board of the National Bank of Romania (BNR, the central bank) decided on Thursday to maintain the key interest rate at 1.75 per cent per annum and to keep unchanged the current levels of the minimum reserve requirement ratios on both leu and foreign currency liabilities of the credit institutions, a BNR release informed.
At the same time, the BNR board decided to manage properly the banking system's liquidity.
The BNR "is closely monitoring external and domestic developments and stands ready to use all its available tools during this period of heightened uncertainty in a bid to fulfil the overriding objective regarding medium-term price stability and to preserve financial stability," the release reads.
BNR's key interest rate is unchanged since May 2015.