12:42, 25.09.2008 Romanian Ctrl Bk Keeps Key Rate Unchanged At 10.25%

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BUCHAREST / 12:42, 25.

09.2008 The National Bank of Romania, or BNR, kept its monetary policy rate at 10.25% on the year, leaving unchanged the existing minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions, the central bank announced Thursday.Financial analysts anticipated BNR’s board decision of keeping the rate unchanged.BNR" Board restated that it will vigilantly monitor developments in macroeconomic indicators, both...

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