BNR Board decides key monetary policy rate

Romania’s National Bank (BNR) Board is to decide in a meeting on Wednesday the level of the key monetary policy rate. According to financial-banking analysts, BNR Board could keep the rate of monetary policy unchanged, at 6.25 percent.

As well, they say that the minimum reserve requirements could be set at 15 percent in lei and 20 percent in foreign-currency. The minimum reserve requirements level was estimated by all the members of Financial Banking Analysts Association in Romania at 15 percent in lei, whereas 67 percent of them think that the value of minimum reserve requirements in foreign currency could drop from 25 percent to 20 percent. The remainder of the questioned sample stakes on the unchanged value of 25 percent.

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