Business Vs BNR: Lower Rates Needed To Boost Consumption

10.13.2011 By Ciprian Botea

Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than stimulating the economy, which badly needs encouraging signals, according to analysts polled by ZF.

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Keywords:: BNR; , KEY RATE; , INTEREST RATE; , ECONOMIC GROWTH; , CONSUMPTION

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