BNR Will Cut Key Rate Only If Inflation Enters Target Band

09.16.2013 By Bogdan Neagu

Romania’s central bank pledged it would not further reduce the monetary policy rate if inflation stays above the targeted level, according to the final version of the country’s letter of intent sent to the International Monetary Fund.

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Keywords:
CENTRAL BANK
, IMF
, MONETARY POLICY
, KEY RATE

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