Tag Archives: interest rate
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Analysts expect key interest rate reduction in Romania

The Romanian Central Bank BNR could further slash its key interest rate by 0.25pp on Tuesday, to 3%, according to analysts quoted by Mediafax newswire. Meanwhile, minimum mandatory reserves could stay the same, 12% for RON and 16% for foreign currencies. The latest cut in the key interest rate was in August, down to 3.25%, […]

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Romania’s National Bank cuts interest rate to 3.25%

Romania’s National Bank (BNR) decided on Monday, August 4, to reduce the monetary policy interest rate for local currency (RON) to 3.25 percent per year, from 3.5 percent per year. This is a new low for BNR’s monetary policy interest rate. This move, which should determine local banks to further reduce interest rates for loans […]

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