reserve requirements

Romania’s central bank on Monday lowered the minimum reserve requirements on foreign currency-denominated liabilities to 25% from 30%, in a move to counter the imbalances following delayed loan tranches from the International Monetary Fund and other lenders.

Romania’s central bank should lower the required reserve ratios in Romanian lei to 2% from the current 15% levels to encourage the development of private lending in the national currency, bankers said Tuesday.