At a meeting on Friday, the Board of the National Bank of Romania (BNR) decided to keep unchanged the monetary policy rate at 1.75 percent per annum and to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.
Also decided was the pursuance of adequate liquidity management in the banking system, reads a BNR press statement released on Friday.
The monetary policy rate has been kept unchanged since May 2015.
The BNR Board has also analysed and approved the new quarterly Inflation Report which will be released to the public on November 10, 2016.
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