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Economic

Romania Central Bank Injects RON3.25B In 8-Day Repo

Romania's central bank Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate.

Florentina Dragu · 19 decembrie 2011 · 1 min de citit

The central bank bought treasuries from five lenders and will sell them back December 27.

On the money market Monday, overnight rates were at 4.7%-5.2% a year, barely changed on the day. One week rates rose to 5.4%-5.9% a year, from 5.1%-5.6% a year Friday. (EUR1=RON4.3146)

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