Romanian Central Bank (BNR) injected 4.25 billion lei on Monday in the banking market, through a repo operation, within interest equal with the monetary policy - an annual 9% - according to Romanian press agency NewsIn. There were 14 banks taking part in the operation.
This is the first such operation from July. In June, BNR injected over 15 billion lei into the market through four repo monthly operations. In May, BNR injected over 10 billion lei, with the same type of interest. On the monetary market, the interests for overnight operations read 9-9.5% annually, in the vicinity of the monetary policy interest.
