The National Bank of Romania has increased the monetary policy interest rate and announced that it might restrict lending, at the recommendation of the National Committee for Macroprudential Oversight.
The governor of the National Bank of Romania, Mugur Isarescu, said that Romania is doing well from a macroeconomic point of view but that there are many dangers threatening its economic and financial stability.
The National Bank of Romania has revised upward its inflation rate forecast for the end of this year from 1.1% to 1.4%
