Business & Finance
Romania's central bank holds interest rates
- Analysts polled by Reuters earlier this month expected policymakers to hold fire on interest rates throughout 2021, although a majority see higher borrowing costs at the end of next year.
BUCHAREST: Romania's central bank kept its benchmark interest rate on hold at 1.25% on Wednesday, choosing to wait before acting on worries about higher than expected inflation.
Analysts polled by Reuters earlier this month expected policymakers to hold fire on interest rates throughout 2021, although a majority see higher borrowing costs at the end of next year.
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