Analysts Welcome BNR’s Rate Cut But Say More Needs To Be Done

01.06.2012 By Claudia Medrega

Analysts welcome Romania’s central bank (BNR) decision to cut the main interest from 6% to 5.75%, considering the downward trend of inflation and the risks about an economic growth slowdown in 2012. However, they are skeptical about a decline in loan interest rates because of the high level of non-performing loans and the economy's inability to generate investment projects with an attractive yield and low risk.

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Keywords:: BNR; , KEY RATE; , ANALYSTS; , CENTRAL BANK

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