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Economic

Romania Central Bank Injects RON1.65B In 7-Day Repo

Romanian central bank Monday pumped 1.65 billion lei (EUR380 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate.

Florentina Dragu · 28 noiembrie 2011 · 1 min de citit

The central bank bought treasuries from seven lenders and will sell them back December 5.

On the money market Monday, overnight rates were at 5.7%-6.2% a year, barely changed on the day. (EUR1=RON4.3587)

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