The bank also kept its lending facility rate at 8.00% and its deposit rate at 6%, and made no reference to market liquidity controls, a policy instrument it uses to tighten lending conditions. All analysts polled by Reuters earlier this month expected the decision. A majority expect borrowing costs to remain at 7.0% throughout 2023. (Reporting by Luiza Ilie; Editing by Tomasz Janowski)
BUCHAREST, Feb 9 (Reuters) - Romania's central bank kept
its benchmark interest rate on hold at 7.0% on
Thursday, the first pause after a 16-month hiking cycle as it
expects inflation to fall to single digits three quarters
earlier than expected.
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