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Romania's c-bank says keeps key rate at 5.25%

Sep 27, 2012, 12:26:54 PMArticle by Kristina Belkina
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September 27 (SeeNews) - Romania's central bank said on Thursday it decided to maintain its monetary policy rate unchanged at 5.25%.

Romania's c-bank says keeps key rate at 5.25%

The central bank also decided to maintain the existing levels of minimum reserve requirement ratios on both leu-denominated and foreign currency-denominated liabilities of credit institutions, it said in a statement.

BNR cut the key rate to 6.0% in November and then by 25 basis points each in January, February and March, after keeping it unchanged at 6.25% for some 18 months.

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