Prima pagină » English » Romania Ctrl Bk Ups Lei, Cuts USD Interest Rates For Minimum Reserves

Romania Ctrl Bk Ups Lei, Cuts USD Interest Rates For Minimum Reserves

Romania’s central bank increased minimum reserve requirement ratios for leu-denominated liabilities of commercial banks, lowered the ratio for US dollar-denominated reserved, and left unchanged ratios for euro-denominated liabilities.
Romania Ctrl Bk Ups Lei, Cuts USD Interest Rates For Minimum Reserves
19 mart. 2008, 13:00, English

The minimum reserve requirement ratio for leu-denominated liabilities increased 0.45 percentage points to 3.05%, and the ratio for US dollar-denominated liabilities were lowered by 0.45 percentage points to 0.85%.

The minimum reserve requirement ratio for euro-denominated liabilities was left unchanged at 1.25%.

The minimum required reserves ratio for leu-denominated liabilities stands at 20% and 40% for foreign currency-denominated liabilities.