NBRs economy boosting: interest cuts in small steps

- Politics, Business, Civil, History - Posted: 30th Mar, 2010 - 8:20am

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Romania Business - Ziarul Financiar - ZF.ro
Post Date: 30th Mar, 2010 - 8:20am / Post ID: #

NBRs economy boosting: interest cuts in small steps

NBR's economy boosting: interest cuts in small steps
user posted image Local Romania Business News In English

The National Bank needed more than one year to cut the key rate on RON by 3.75% to an all-time low of 6.5% per annum, even though the economy slipped into recession in the summer of 2008. Source: ZF - ZF English

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