NBR decided to maintain the monetary policy rate at 5.25 percent per annum

In its meeting of September 27, 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 will closely monitor domestic and global economic developments so as, by accordingly adjusting its available instruments, to ensure the fulfilment of its objectives of achieving price stability in the medium term, as well as maintaining financial stability.