The National Bank of Romania Board has decided to lower the policy rate by half of a percentage point
30.08.2004
The National Bank of Romania Board, after having reviewed the trends for the period to come and the recent developments in disinflation and external accounts, has decided to lower the policy rate by half of a percentage point.
The National Bank of Romania will maintain the prudent monetary policy stance to ensure that macroeconomic equilibria remain in place and to achieve the inflation target for 2005.