In its meeting of 7 January 2015, the Board of the National Bank of Romania decided:

- To lower the monetary policy rate to 2.5 percent per annum from 2.75 percent starting with 8 January 2015;

- To narrow the symmetrical corridor of interest rates on NBR’s standing facilities around the policy rate to ±2.25 percentage points from ±2.5 percentage points. Thus, starting 8 January 2015, the interest rate on the NBR’s lending facility (Lombard) will be lowered to an annual 4.75 percent from 5.25 percent, while its deposit facility rate will remain at 0.25 percent per annum;

- To pursue adequate liquidity management in the banking system;

- To keep unchanged the current levels of minimum reserve requirements ratios on liabilities of credit institutions.