National Bank of Romania decreased the monetary policy rate to 10.00% |
Autor: Bancherul.ro
2009-02-04 14:13 |
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In its meeting of February 4, 2009, the Board of the National Bank of Romania has decided the following:
• to lower the monetary policy rate to 10.00 percent per annum from 10.25 percent starting with February 5, 2009;
• to pursue an adequate management of liquidity in the banking system, through the active use of open-market operations;
• to leave unchanged the existing minimum reserve requirement ratios on both leu-denominated and foreign currency-denominated liabilities of credit institutions.
The NBR Board has examined and approved the quarterly Inflation Report, which will be released to the public in a press conference scheduled for February 6, 2009, along with a 12-month calendar of NBR Board meetings dedicated to monetary policy issues.
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