March 27, 2020 / 1:11 PM / 2 months ago

Romania cenbank: unanimously voted to cut rate at March 20 meeting - minutes

BUCHAREST, March 27 (Reuters) - Romania’s central bank board members unanimously voted to cut the benchmark interest rate by 50 basis points to 2.00% at its March 20 meeting, bank minutes showed on Friday.

“Moreover, the Board unanimously decided to carry out repo transactions to provide liquidity to credit institutions and to purchase leu-denominated government securities on the secondary market,” it said. (Reporting by Radu Marinas)

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