“The amount is within the range of hundreds of million euros, below 1 bn if two-year maturity liabilities are at a maximum of 2 bn euros”, said Croitoru.
NBR governor, Mugur Isarescu said recently that it would gradually reduce the required reserve ratio, suggesting that it would start by modifying the calculation method, by excluding long-term financing.
The board of NBR decided on Tuesday to cut to zero the required reserve ratio for foreign currency liabilities with two-year maturity, and to keep the reserve requirements for leu-currency liabilities to 18%.
In the Tuesday’s session, BNR kept the benchmark lending rate to 10% and reiterated it would actively use market operations “in an effort to maintain a cash-aware liquidity management in the banking system”.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Croitoru: A minimum of 1 bln euro could be unlocked in the market.