Romanian interest rate cut
Another Romanian Interest Rate Cut
March 29, 2012
Romania’s monetary policy rate has been reduced to 5.25% from 5.5%. This move by the National Bank of Romania was not a big surprise and follows similar 25-bp cuts announced November 2, January 5, and February 2. CPI inflation subsided to 2.6% in February from 3.1% in December and 8.0% at end-2010. Weak growth in […] More
