Romania: Monetary policy rate kept at historical low

Thu, 03/12/2015

In its meeting on 5 November, the Board of the National Bank of Romania (NBR) decided to keep the monetary policy rate unchanged at 1.75% per annum, “to further pursue adequate liquidity management in the banking system”. The NBR also decided to maintain the existing levels of the minimum reserve requirement ratios on both RON and foreign currency denominated liabilities of credit institutions.

Contact:
Irina Savastre
Head of Global Securities Services Romania
irina.savastre@unicredit.ro