Romania: Central Bank cuts policy rate for fifth consecutive meeting

At its 8 January meeting, the National Bank of Romania (NBR) decided to cut the monetary policy rate by 25 basis points from 4.00% to 3.75%. The decision met market expectations and marked the Bank’s fifth consecutive rate cut. The NBR decided to cut the minimum reserve requirements ratio on leu-denominated liabilities from 15.0% to 12.0% and to reduce the minimum reserve ratio on foreign-currency denominated liabilities from 20.0% to 18.0%.

Read more about Romanian Monetary Policy.

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