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Romania's National Central Bank attracted 1.9 billion lei from banks in deposits, to a 9% interest rate

de A.C.
Vineri, 17 iulie 2009, 17:36 English | Business

Romania's National Central Bank attracted on Friday 1.9 billion lei from nine banks, money which it placed in deposits due on July 24, offering a 9% interest rate, Romanian news agency NewsIn informs. Dealers declared that this operation was meant to regulate the market liquidity.

Interest rates dropped in the first part of the day, to 5.5 - 6.5% and the National Central Bank could have attempted to regulate the liquidity level on the market, a dealer explained. After this operation, interbanking interest rates for overnight deposits equaled the monetary policy interest rate of  9%.

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