The central bank also kept the Lombard facility rate at 7.50% per annum and the deposit facility rate at 5.50% per annum, while maintaining current levels of minimum reserve requirements for credit institutions' liabilities in lei and foreign currency.
"The BNR Board's decisions aim to ensure and maintain price stability in the medium term, in a manner that contributes to achieving sustainable economic growth," the central bank said. The Board emphasised that a balanced mix of macroeconomic policies and structural reforms, including through the use of European funds to stimulate long-term growth potential, are essential for macroeconomic stability.
BNR stated it closely monitors domestic and international developments and is prepared to use available instruments to fulfil its fundamental objective of medium-term price stability while preserving financial stability.
