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 .
Inflation in the third quarter: Energy price increases and the effects of the drought
In the first month of the third quarter, the annual CPI inflation rate interrupted its downward trend, reaching 5.42%, 0.48% above the level of the previous month. This growth was largely influenced by the evolution of energy prices. In the case of fuels, the second...