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BNR decided to maintain the monetary policy interest rate

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BNR decided to maintain the monetary policy interest rate

BNR decided to maintain the monetary policy interest rate

In its meeting of 12 January 2024, the Board of the of Romania decided:

to keep the monetary policy rate at 7.00 percent per annum;to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum;to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.

The annual inflation rate posted a faster-than-expected decrease in the first two months of 2023 Q4, falling…

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