loader
Press release

Press release

Mugur Isarescu - Governor of the National Bank of Romania

In the last 4 weeks, the National Bank of Romania has continued to implement the measures provided in the Decision of the Board of Directors of 20.03.2020 and reconfirmed as the direction of action in the Board meeting of 29.05.2020.

Ensuring the liquidity needed to finance the real economy and public spending remained a major concern. Thus, in the conditions of a liquidity deficit on the money market, the NBR performed new repo operations on a bilateral basis (as provided in Regulation No. 1/2000 on money market operations performed by the NBR and the permanent facilities granted by it to eligible participants - Article 9) the average daily stock of these operations being between May 15 and June 15 at about 7 billion lei.

....................................................
For more information, please see the Romanian version of the article, here.

 

Authors

foto
BANCA NATIONALA A ROMANIEI