ASPECTS REGARDING THE EVOLUTION OF INTEREST RATES USED BY NATIONAL BANK OF ROMANIA
ASPECTS REGARDING THE EVOLUTION OF INTEREST RATES USED BY NATIONAL BANK OF ROMANIA

Summary/Abstract: This paper presents and analyzes the evolution, in structure and dynamics, of the interest rates used by the National Bank of Romania, in the period 2021-2024. The central bank, through its open market operations, aims to guide interest rates. In this research is presented the evolution of monetary policy rate, credit facility rate (Lombard) and deposit facility rate. These interest rates were significantly increased during the analyzed period. The increase in interest rates was justified by the significant uncertainties and risks regarding the economic activity outlook, as well as the international context. To contribute to sustainable economic growth, the National Bank of Romania emphasized the importance of a balanced mix of macroeconomic policies and the absorption of European funds.

• Details
• Contents