Romanian Central Bank kept the monetary policy rate at the same level

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

• To maintain the monetary policy rate at 5.25 percent per annum;
• To ensure adequate liquidity management in the banking system;
• To maintain the existing levels of minimum reserve requirement ratios on both leu-and foreign currency-denominated liabilities of credit institutions. 

The NBR Board has examined and approved the quarterly Inflation Report, which will be released to the public in a press conference on August 6, 2012.

Press Release