BNR slashes key interest rate to 6.75%/year, for first time in last year and a half

The Board of Directors of the National Bank of Romania (BNR) decided on Friday to reduce the monetary policy interest rate to 6.75% per year, from 7% per year, starting on July 8, 2024, informs the central bank. At the same time, BNR decided to lower the interest rate for the credit facility (Lombard) to […]