Central bank's Isarescu: We've never competed with Finance Ministry, we're careful at liquidity absorption
Publicat:The National Bank of Romania (BNR) has never competed with the Ministry of Public Finance (MFP) and has been very careful about liquidity absorption, leaving enough money in the market to finance itself, the central bank's Governor Mugur Isarescu said on Monday at the conference to present the Inflation Report.
"We have never competed with the Ministry of Finance. We have been very careful about liquidity absorption and have left enough money in the market to be financed under the given conditions. The conditions are not only established by the National Bank, the conditions under which…
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