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Article: Romania raises key interest rate.

Article from:
Global Banking News (GBN)
Article date:
June 27, 2008
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Global Banking News-27 June 2008-Romania raises key interest rate(C)2008 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 27 June 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Romania's central bank has raised its monetary policy rate for the sixth consecutive time, a move aimed at easing accelerating inflation.

Bucharest-based Banca Nationala a Romaniei has raised the key rate to 10 percent from 9.75 percent. Romanian monetary policy makers, who seek to reduce the inflation rate to three percent in 2010 from ...

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