Romania's central bank keeps key interest rate at 6.5%

Business Forum
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.

The board also kept the Lombard lending facility rate at 7.5% per year and the deposit facility rate at 5.5% per year. Additionally, the current levels of minimum reserve requirement ratios for credit institutions' liabilities in lei and foreign currency remain unchanged.

"Based on current evaluations and available data, as well as under conditions of high uncertainties, the BNR board decided in today's meeting to maintain the monetary policy interest rate at 6.5% per year," the central bank stated.

The decision reflects the bank's cautious approach amid ongoing economic uncertainties affecting the Romanian financial market.

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