• Romanian central bank board members voted 8 to 1 to narrow the symmetrical corridor of interest rates on the bank's standing facilities - Minutes

Market news

10 October 2017

Romanian central bank board members voted 8 to 1 to narrow the symmetrical corridor of interest rates on the bank's standing facilities - Minutes

  • Board members unanimously voted to keep key rate on hold at 1.75 pct at oct 3 meeting

  • Minutes show policymakers considered a potential lowering of minimum reserve requirements on leu-denominated liabilities to ease market liquidity squeeze

  • New assessments point to a further step-up in gdp growth in q3, followed by a slowdown in q4

  • Majority of romanian central bank board members deemed the balance of risks to the medium-term inflation forecast as tilted to the upside

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