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Economic

Romania Central Bank Injects RON2.38B In 7-Day Repo

The Romanian central bank Monday pumped 2.38 billion lei (EUR546 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 · 5 decembrie 2011 · 1 min de citit

The central bank bought treasuries from five lenders and will sell them back December 12.

Last week, the central bank injected RON1.65 billion into the market in a similar operation.

On the money market Monday, overnight rates were at 5.6%-6.1% a year, barely changed on the day. (EUR1=RON4.353)

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