Romania’s national bank maintains monetary policy interest rate at 6.5%
The Board of Directors of the National Bank of Romania (BNR) decided to maintain the monetary policy interest rate at 6.5% per year, as well as the lending facility rate at 7.5% per year in its meeting on Friday, February 14. Additionally,…
Radu Dumitrescu · Journalist
· Updated · 3 min read
The Board of Directors of the National Bank of Romania (BNR) decided to maintain the monetary policy interest rate at 6.5% per year, as well as the lending facility rate at 7.5% per year in its meeting on Friday, February 14. Additionally, BNR kept the deposit facility rate at 5.5% per year.
BNR initiated its monetary easing cycle in the summer of 2024. The drop in inflation convinced the central bank’s board to reduce the rate in July 2024 to 6.75% from the 7% level it had maintained for a year and a half. Another rate cut followed in August, bringing it to 6.5%, a level that was then kept until the end of the year.
