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Romania takes bolder step, raising key rate by 100 basis points

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Romania raised its benchmark interest rate by a full percentage point more than forecast as the country sought to catch up with eastern European peers who have battled inflation with a sweeping round of hikes, according to Bloomberg. The central bank raised the key interest rate by 100 basis points to 4.75% on Wednesday, the […] The post Romania takes bolder step, raising key rate by 100 basis points appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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