Isarescu Says BNR Ready To Narrow Gap Between Monetary Policy, Interbank Rates

08.06.2014 By Florentina Dragu

The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move might reflect into a less stable exchange rate for the leu, bank’s chief Mugur Isarescu said Wednesday.

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