In the meeting of November 8, 2023, the Board of Directors of BNR unanimously decided to maintain the monetary policy interest rate at the level of 7.00 percent; at the same time, it decided to maintain the interest rate for the credit facility (Lombard) at 8.00 percent and the interest rate related to the deposit facility at 6.00 percent. Also, the Board of Directors of BNR unanimously decided to keep the credit institutions current liabilities levels of the mandatory minimum reserve ratios both for lei and foreign currency .
What are bonds and how do they work?
Bonds are an essential financial instrument for investors seeking greater stability and predictability in their portfolios. Unlike stocks, which provide ownership rights, bonds represent a loan granted to an entity — usually a government or a company. When you invest...
