UPDATE: Central Bank slashes key interest rate to 6.25%
BNR will also approve the quarterly inflation report in today's meeting. Its previous monetary policy meeting was on March 29, when BNR cut the key interest rate from 7 percent to 6.5 percent. The slowdown in decreasing the key interest rate could be triggered by the international financial problems revolving around Greece, among others.
UPDATE: BNR has cut the interest rate to 6.25 percent from 6.50 and has kept the minimum mandatory reserves to the same level. BNR will issue more details in a press release in 3 hours.