July 3 (SeeNews) - Romania's central bank, BNR, maintained on Monday its monetary policy rate at a record low 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%, it said in a statement.
At its board meeting in May, BNR decided to cut the minimum reserve requirement ratio on foreign exchange-denominated liabilities of credit institutions to 8% from 10%.
BNR noted it will pursue an adequate liquidity management in the banking system.
The bank 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 inflation levelled at a two-year high of 0.6% in May.
In May, BNR lowered its 2017 inflation forecast to 1.6% from previously projected 1.7%, adding that a downward revision of inflation projection could delay a hike of its key rate planned for 2018.
(1 euro =4.5560 lei)