For visible effects on economy, BNR should raise key rate to 2.5 ppa (CFA Romania)
Publicat:For visible effects on the economy, the National Bank of Romania (BNR) should raise the key interest rate four more times by increments of 0.25 percentage points each to 2.5 pct per annum, vice president of Romania's chartered financial analysts association CFA Romania, Adrian Codirlasu, told a conference on Thursday.
"Regarding monetary policy, in the latest CFA Romania survey we said we expect at least two key interest increases in the next 12 months. The first one came quickly. What I think determined the BNR to proceed earlier than most of the market's anticipations was the fact…
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