BNR keeps key-interest to 10.25 pc, cuts banks’ minimum reserves

The BNR Board also decided to keep the key-interest rate to 10.25 per cent per year, to manage liquidity to ensure a proper function of the inter-bank market and to keep the current rate of commercial bank compulsory minimum reserves applicable to liabilities in foreign currencies to 40 per cent. The Board also discussed and approved the quarterly inflation report - document assessing the recent macro-economic context, looks into inflation trends and identifies main challenges and constraints monetary policy will be facing in the coming period.

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