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Central Bank to keep key-interest unchanged

4 noiembrie 2009

Information in English

The National Bank of Romania (BNR) has kept unchanged the monetary policy interest of 8%, following the first meeting of the new Board, officially installed on October 11th.

The Board has also decided to firmly handle liquidities in the banking system to strengthen the transmission of monetary policy signals and to maintain unchanged the current levels of the minimum compulsory reserves applicable to the banks’ RON and forex liabilities. The BNR Board has set the inflation target on 2011 at the level of 3%, with a variation of +/- 1%, down against 3.5% in 2010. The set target will be discussed with the Govt.

 

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