The central bank of Romania held its policy rate steady at 5.25 percent, as expected, saying that it would continue to ensure “firm liquidity management in the banking system,” and retained the current levels of minimum reserve requirements on both leu and foreign currency deposits.
The National Bank of Romania (NBR), which has cut its policy rate by a total of 75 basis points in the first three months of the year, also said it would release the quarterly inflation … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards