News » February, 2011 » 3 February 2011
Romania Central Bank Keeps Key Rate Unchanged At 6.25%
03.02.2011, 13:28 | Finance-Banks | 1182 views
Romania’s central bank Thursday left its main interest rate at a record low of 6.25% a year for the sixth consecutive time as it continues to battle a high inflation. The bank also decided to maintain the current levels of the minimum reserve requirements at 15% for Romanian leu-denominated liabilities and 25% for foreign currency liabilities. Romanian annual inflation stood at 7.96% at the end of December 2010, well above the central bank's 4.5% upper limit of the targeted interval. Read more on Mediafax.ro
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