National Bank of Romania decided to leave the benchmark rate unchanged at 1.75%, as expected

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5 abril 2017

National Bank of Romania decided to leave the benchmark rate unchanged at 1.75%, as expected

Romania's central bank kept its key interest rate unchanged, as widely expected, on Wednesday.

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

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

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