Monetary policy rate cut by 0.5 percent

UniCredit Bank S.A.
Summary: 
The monetary policy rate has been lowered to 4.5 per cent per annum
Tue, 06/08/2013

At the meeting held on August 5th 2013, the Board of the National Bank of Romania has decided to decrease the monetary policy rate of 0.5 percent. Therefore, the monetary policy rate will be set at 4.5 per cent instead of the previous 5 per cent.

 

The decision will enter into force on August 6th 2013.

 

Impact on investors: The National Bank of Romania adjusted the monetary policy rate.