Romania’s central bank keeps monetary policy at 6.5%.
The National Bank of Romania (BNR), on October 8, in line with expectations, kept the monetary policy rate at 6.5% amid the “above-expectations transitory effects” of the expiry of the electricity price-capping scheme in July and the VAT rate hike and higher excise duties in August that reshaped (…)
[Read the article in Romania-Insider]