Romania Central Bank Injects RON6.7B In 8-Day Repo
Romania's central bank Tuesday pumped 6.71 billion lei (around EUR2 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.
The central bank bought treasuries from six lenders and will sell them back January 4.
On the money market Tuesday, overnight rates were up at 5.5%-6% a year, from 4%-4.5% a year Friday. (EUR1=RON4.2972)
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