Romania Keeps Monetary Policy Unchanged
The National Bank of Romania decided to maintain its benchmark interest rate at 6.5% during its April 7 monetary policy meeting, aligning with market expectations amidst ongoing domestic and international uncertainties. The central bank also left the Lombard and deposit facility rates unchanged at 7.50% and 5.50%, respectively, and retained the existing reserve requirement ratios for both leu and foreign currency liabilities. Policymakers emphasized that this decision is aimed at ensuring price stability over the medium term and promoting sustainable economic growth. In February 2025, Romania's inflation saw a slight rise to 5.02% from 4.95% in January. It is anticipated that inflation will fluctuate during the first half of 2025, decreasing in March before experiencing an uptick in the second quarter due to base effects arising from last year's energy and food prices.
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