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- Romanian central bank board members voted 8/1 to keep key rate on hold at 1.75 pct at nov. 7 meeting - Minutes
Romanian central bank board members voted 8/1 to keep key rate on hold at 1.75 pct at nov. 7 meeting - Minutes
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Board unanimously decided to maintain existing levels of minimum reserve requirement ratios on both RON- and foreign currency-denominated liabilities
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Board decided with a majority of votes - 8 votes for, 1 vote against - to narrow the symmetrical corridor of interest rates
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Members remark economic growth in 2017 was expected to accelerate markedly faster than previously anticipated, before slowing down more steeply in 2018 and losing momentum moderately in 2019
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Household consumption would likely contribute more to economic growth in 2017-2018, whereas the contribution made by gross fixed capital formation could remain modest
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