June 30 (SeeNews) - Romania's central bank, BNR, maintained on Thursday its monetary policy rate at a record low of 1.75%, in line with analysts' expectations.
BNR's board also decided to retain the minimum reserve requirement ratios on both leu- and foreign currency-denominated deposits at 8% and 12% respectively, it said in a statement.
BNR also noted it will pursue an adequate liquidity management in the banking system.
"The NBR is closely monitoring external and domestic developments and stands ready to use all its available tools during this period of heightened uncertainty in a bid to fulfil the overriding objective regarding medium-term price stability and to preserve financial stability," the short statement reads.
BNR last changed its monetary policy rate in May 2015, when it cut it by 25 basis points to 1.75%.
Romania's annual consumer price deflation deepened to a one-year high of 3.5% in May from 3.3% in April.