The central bank has reaffirmed its commitment to actively manage the liquidity in the banking system, so as to ensure the fulfillment of its objectives of achieving and maintaining price stability in the medium term as well as financial stability.
In today’s rate-setting session, the central bank left reserve requirements for leu and fx-denominated liabilities unchanged, at a rate of 15% and 25% respectively.
Economists had forecast that the central bank would keep the key rate unchanged at 8%, in light of mounting inflationary pressures.
The annual inflation rate stood at 4.65% in November, while NBR’s target range for 2009 was 3.5% with +/- 1 tolerance band.
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