Etichetă: CPI inflation rate

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NBR decisions on monetary policy

According to the press release of National Bank of Romania, in its meeting of 15 May 2019, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 2.50 percent per annum; to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility rate at 3.50 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.

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NBR – decisions on monetary policy

As shown in the press release following the meeting of 2 April 2019 of the National Bank of Romania Board, the following was decided: to keep the monetary policy rate at 2.50 percent per annum; to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility rate at 3.50 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.

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November 2018 – Inflation Report

The National Bank of Romania published on 8th of November the Inflation Report, the report indicated that after having reached a 5-year high in 2018 Q2, the annual inflation rate saw, as expected, a halt in its upward trend, falling to 5 percent in September, i.e. 0.15 percentage points above the benchmark forecast in the August 2018 Inflation Report and 1.5 percentage points above the upper bound of the ±1 percentage point variation band of the 2.5 percent flat target.

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