Romanian central bank cuts rates as inflation falls
National Bank of Romania says inflation is below midpoint of target level
Romania’s central bank cut all three of its policy rates on January 15, citing a rapid recent fall in inflation.
The National Bank of Romania (NBR) cut its main monetary policy rate by 25 basis points to 1.25%. The central bank also cut both of its supplementary policy rates by 25bp. It lowered the deposit facility rate to 0.75% and the lending facility rate to 1.75%.
The central bank’s monetary policy committee agreed to maintain the existing levels of mandatory reserves held by Romanian
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com