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Economic

Romania Central Bank Pumps RON5.4B Into Market

Romania's central bank Monday injected 5.38 billion lei (EUR1.24 billion) 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 · 30 ianuarie 2012 · 1 min de citit

The central bank bought treasuries from three lenders and will sell them back February 6.

Last week, the central bank pumped RON4.42 billion into the market in a similar operation.

On the money market Monday, overnight rates were overnight rates were flat at 3.6%-4.1% a year. (EUR1=RON4.3394)

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