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Romania keeps policy rate at 6.5% amid “very high uncertainty”
On July 8, Romania’s central bank (BNR), in line with expectations and based on the assessments and data currently available, and amid very high uncertainty, kept the policy rate at 6.5%. The balanced mix of macroeconomic policies and the implementation of structural reforms, including through the use of European funds, to stimulate long-term growth potential are essential for macroeconomic stability and strengthening the capacity of the Romanian economy to cope with adverse developments, BNR warned.