On July 5, Romania's central bank cut its policy rate by 25 basis points to 6.75%, marking the first reduction since January 2023.
Romania's central bank cut its policy rate by 25 basis points to 6.75% on July 5, marking the first reduction since January 2023. The decision aims to lower the policy rate to 6% and reflects a moderating inflationary trend and the need to support the country's economic growth. The central bank also lowered the lending (Lombard) facility rate to 7.75% and the deposit facility rate to 5.75%.
July 07, 2024
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