BNR Administration Board meets to discuss monetary policy issues

The Board of Administration of the National Bank of Romania (BNR) is having a meeting on Wednesday, to decide on the monetary policy interest rate. Financial-Banking analysts estimated that the BNR could decide to maintain monetary policy interest rate at 6.25 percent.

With respect to the level of the minimum compulsory reserves, the analysts expressed their opinion in a poll conducted among members of the Association of Financial-Banking Analysts in Romania (AAFBR), that they could remain at 15 percent for liabilities in lei and 25 percent for those in foreign currency. The opinion on minimum reserve level is shared by all the participants in the poll.

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