Romania's national bank kept its key interest rate unchanged, as expected

Market news

7 February 2017

Romania's national bank kept its key interest rate unchanged, as expected

Romania's central bank kept its key interest rate unchanged for the 14th consecutive session on Tuesday.

The Board of the National Bank of Romania kept the monetary policy rate at 1.75 percent, the bank said in a statement, cited by rttnews.

The minimum reserve requirement ratio on foreign currency-denominated liabilities of credit institutions and the ratio on the leu-denominated liabilities were maintained at 10 percent and 8 percent, respectively.

The board also decided to pursue adequate liquidity management in the banking system.

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