National Bank of Romania (BNR)

Rule Changes

Holding the policy rate at 6.50%; next decision November 12

Romania's central bank has held its benchmark rate at 6.5% since its unanimous October 8 vote, and its minutes say inflation will end the year above the 6.1% forecast in August. The leu has kept falling: the euro cost 5.3485 lei on October 23, up from 5.2777 on October 1, a 1.36% loss for the currency in three weeks.

Updated Oct 26