The board of the National Bank of Romania (BNR) decided on Friday to keep unchanged the monetary policy rate at 1.75 percent per annum, a press release informs, in line with the expectations of financial analysts.
Also, the central bank decided to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.
The financial institution notes that they will pursue the adequate liquidity management in the banking system.
At the same time, the BNR Board examined and approved the February 2016 Inflation Report, which will be presented to the public next week.
A recent survey within the Financial-Banking Analysts Association anticipated BNR today’s decisions, estimating the key interest rate would be maintained during 2016 to the current level, but could be hiked to 2.25 percent in 2017.