Central bank keeps key interest rate at 6.25 pct

The Board of Directors of the National Bank of Romania (BNR) decided on Wednesday to keep the monetary policy interest rate at 6.25 percent per annum.

According to a BNR release, other decisions reached by the National Bank Board are aimed at ensuring a firm management of liquidity in the banking system, as well as at maintaining current levels of reserve requirement ratios applicable to credit institutions’ liabilities in local lei and in foreign currency.
Against the background of the decision to maintain the monetary policy interest rate at 6.25 percent per annum, the central bank announced that it would closely monitor domestic and international economic evolutions, so as to achieve and maintain, by the adequate use of instruments at its disposal, the medium-term stability of prices.

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