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Business & Finance

Romania central bank votes unanimously to hold rate

BUCHAREST: Romanian central bank board members unanimously decided to keep the benchmark interest rate on hold at 2.
Published July 11, 2019

BUCHAREST: Romanian central bank board members unanimously decided to keep the benchmark interest rate on hold at 2.50% at their July 4 meeting, bank minutes showed on Thursday.

The bank last hiked its main rate in May 2018 and has since tightened monetary policy through strict controls of money market liquidity.

Copyright Reuters, 2019

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