• Romanian National Bank left the benchmark rate unchanged at 1.75%

Market news

3 July 2017

Romanian National Bank left the benchmark rate unchanged at 1.75%

Romania's central bank decided to leave its key rate unchanged, as widely expected, says rttnews.

The Board of the National Bank of Romania decided to leave the benchmark rate unchanged at 1.75 percent.

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

In May, the bank had lowered the minimum reserve requirement ratio on foreign currency-denominated liabilities from 10 percent.

The bank reiterated that it will to pursue adequate liquidity management in the banking system.

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