The National Bank keeps unchanged the monetary rate

In its meeting of May 2, 2012, the Board of the National Bank of Romania decided the following:

to keep unchanged the monetary policy rate at 5.25 percent per annum; 

to ensure adequate management of liquidity in the banking system;

to maintain the existing levels of minimum reserve requirement ratios on both leu-denominated and foreign currency-denominated liabilities of credit institutions.

The NBR has examined and approved the quarterly Inflation Report, which will be released to the public in a press conference scheduled for May 8, 2012.