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Economic

Romania Central Bank Pumps RON3.56B Into Market

Romania's central bank Monday injected 3.56 billion lei (EUR824 million) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the monetary policy rate.

Florentina Dragu · 16 ianuarie 2012 · 1 min de citit

The central bank bought treasuries from three lenders and will sell them back January 23.

Last week, the central bank pumped RON3.35 billion into the market in a similar operation.

On the money market Monday, overnight rates were unchanged at 1.75%-2.25% a year Friday. (EUR1=RON4.3322)

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