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Analysts about NBR interventions: it fears food and oil will rekindle inflation
03.03.2011, 09:17 | Finance-Banks | 954 views
NBR is gearing up for inflation caused by internationally rising prices for food and fuel, pushing leu higher and driving interbank interest rates up to the level of the monetary policy rate. This is the explanation analysts and dealers have found for past week's unexpected developments on financial markets. The next step would be raising the benchmark interest rate from the low of 6.25% per annum, where it has stayed since last May, but the time such a decision will be made is still uncertain. Read more on ZF.ro
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