Romania Central Bank Cuts Key Rate To 3% From 3.25%

Update 09.30.2014 By Bogdan Neagu

Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s economy is back in recession following two consecutive quarters of GDP contraction.

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Keywords:
CENTRAL BANK
, KEY RATE
, MONETARY POLICY