Romania's Central Bank Resists Interest Rate Hike Amid Rising Fiscal Risks
2 months ago
The National Bank of Romania (NBR) has opted to maintain its current benchmark interest rate, keeping it steady at 7% as the country grapples with the potential fiscal consequences stemming from recent elections. This decision underscores the central bank's cautious approach in the face of mounting inflationary pressures that could further complicate the economic landscape.
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