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NBR keeps unchanged the monetary policy rate

Autor: Bancherul.ro
2011-01-05 12:56
In its meeting of January 5, 2011, the Board of the National Bank of Romania decided the following:
• to keep unchanged the monetary policy rate at 6.25 percent per annum;
• to ensure adequate management of liquidity in the banking system;
• to maintain the existing levels of minimum reserve requirement ratios on both leu-denominated and foreign currency-denominated liabilities of credit institutions.

The NBR will vigilantly monitor domestic and global economic developments so as, via an adequate use of its available instruments, to ensure the fulfilment of its objectives of achieving and maintaining price stability in the medium term as well as financial stability.

A detailed statement will be released in approx.3 hours