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