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Romania keeps monetary policy rate at 6.5%, noting uncertainties
In its meeting of October 4, the Board of the National Bank of Romania (BNR) decided, “in light of the elevated uncertainty,” to keep the monetary policy rate at 6.50%, amid mixed expectations slightly skewed towards a 25 basis points (bp)…
iulian ernst · Journalist
· Updated · 3 min read
In its meeting of October 4, the Board of the National Bank of Romania (BNR) decided, “in light of the elevated uncertainty,” to keep the monetary policy rate at 6.50%, amid mixed expectations slightly skewed towards a 25 basis points (bp) cut.
BNR cut the policy rate for the first time in July (-25bp) after it kept it at 7% since January 2023 to fight inflation, which is expected at just over 4% y/y by the end of this year.
