Central bank's Isarescu: BNR, not putting pressure on banks not to lower ROBOR
Publicat:The accusation that the National Bank is pressuring banks in relation to the Romanian Interbank Offered Rate (ROBOR) index is nonsense, Governor of the National Bank of Romania (BNR) Mugur Isarescu stated on Tuesday, mentioning the interest rate is the main instrument of the monetary policy.
"Ask him [Eugen Teodorovici, Finance Minister, ed.n.] what he meant to say. I don't know what he intended to say, but I can make a comment here. What pressure? This is our instrument after all. We are not putting any pressure. If a problem arises we move the interest rate up and down as we have done…
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