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.
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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