ANALYSIS OF MONETARY POLICY INTEREST RATES’ EVOLUTION

Daniela Harangus

Abstract


This research aims to analyze the evolution of monetary policy interest rates in the Romanian banking sector, in the period 2021-2023. It is also analysis interest rates for Lending facility and Deposit facility, throughout the same period. Starting 1 September 2011, the National Bank of Romania’s reference rate is the monetary policy rate. One of the most important instruments of monetary policy is the NBR's standing facilities offered   to credit institutions. The main monetary policy instruments used by National Bank of Romania are open market operations, standing facilities and reserve requirements.


Keywords


monetary policy; interest rates; lending facility; deposit facility; reference interest rate

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References


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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
Phone: +40-256-277439, Fax.: +40-256-277031