Central Banking

The National Bank of Romania (BNR) left its benchmark interest rate at 6.5% on Wednesday (Jan. 15), aligning with market expectations. It’s the third time in a row that policymakers opted to leave the rate unchanged amid ongoing political turbulence and inconsistent inflation slowdown. Romania’s annual inflation rate stood at 5.1% in December 2024, remaining at its highest level since August and

The National Bank of Romania (BNR) kept its key monetary policy rate at 7% for the seventh consecutive meeting in November, in line with market expectations. The rates to deposit and credit facilities remained at the 6% and 8%, respectively. Board members were of the unanimous opinion that the reviewed context overall warranted keeping the monetary policy rate unchanged, with a view