Romania: Key Rate to Remain Unchanged

Politics ♦ Published: February 21, 2013; 19:34 ♦ (Vindobona)

“In line with our expectations and market consensus, the central bank remained on hold at its latest monetary policy meeting (5 February)”, Raiffeisen Research reports.

Romania: Key Rate to Remain Unchanged / Picture: © Romanian Central Bank

“It maintained unchanged both the monetary policy rate (5.25%) and the ratios for banks’ minimum reserve requirements (15% for RON liabilities and 20% for FCY liabilities). We have not perceived any change in the rhetoric of the central bank (the statement following the monetary policy meeting and comments of the governor) compared with the previous monetary policy…