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Lower Constraints for Romanian National Bank
Politics ♦
Published: February 1, 2013; 18:25 ♦ (Vindobona)
Central bank to remain on hold, but room to ease control over liquidity conditions has increased, Raiffeisen Research reports.
Lower Constraints for Romanian National Bank / Picture: © Romanian Central Bank
“As expected, central bank remained on hold at the last monetary policy meeting on 7 January by keeping the monetary policy rate unchanged at 5.25%. Also in line with our expectations, the central bank hinted at easing control over liquidity conditions in the money market by saying it would pursue an ‚adequate liquidity management‛ instead of a ‚firm liquidity…
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