





Central Bank increases key interest rate to 10%
The key interest increased from 7% on October 2007 to 10%.
BNR also decided to maintain the minimum reserves level for credit institutions - 20% of all liabilities in the national currency, RON, and 40% for liabilities in foreign, convertible currencies.
The BNR inflation target is 3.8 +/- 1% for 2008 and 3.5 +/- 1% for 2009. BNR revised its inflation prognosis for 2008 from 5.9 to 6%, but reduced the estimations for 2009 from 3.9 to 3.5%.