Historical low: Central Bank cuts key interest rate to 3.75 pc
Jan 8, 2014
Historical low: Central Bank cuts key interest rate to 3.75 pc.
BNR governor Mugur Isarescu hopes for cheaper loans, commercial bankers are sceptical. The National Bank of Romania’s (BNR) Board of Directors decided yesterday to cut the key interest rate to 3.75 per cent from 4 per cent per year from Jan. 9, 2014, the Central Bank said in a press release. (...)
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