National Bank of Romania Implements an Eighth Rate Cut

March 29, 2010

Romania’s central bank monetary policy interest rate has been cut to 6.5% from 7.0%.  This was the third monthly reduction in a row.  Romania got a late start easing its stance because of stubbornly high interest rates and political risks.  The benchmark rate had been at a lofty 10.25% from July 2008 into February 2009.  […] More

A Seventh Rate Cut in Romania

February 3, 2010

The National Bank of Romania sliced its benchmark monetary policy interest rate by another 50 basis points to 7.0%.  This was the second reduction of 2010 following one on January 5.  During 2009, there were cuts of 25 basis points in February, two of 50 bps a piece in June, a fourth of 50 bps […] More