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Romania Keeps Interest Rate Flat
Politics ♦
Published: February 6, 2013; 10:04 ♦ (Vindobona)
In its meeting, the Board of the National Bank of Romania decided to keep the monetary policy rate unchanged at 5.25 percent per annum and too ensure adequate liquidity management in the banking system.
Romania Keeps Interest Rate Flat / Picture: © Vindobona.org
The NBR Board has examined and approved the quarterly Inflation Report, which will be released to the public in a press conference on 7 February 2013.
The annual inflation rate picked up to reach 4.95 percent in December 2012, remaining outside the variation band around the target and above the December 2011 reading of 3.14 percent. The annual inflation rate at end‑2012 was…
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