BUCHAREST - Romania's central bank (BNR) board members unanimously voted to hold the benchmark interest rate at 2.50 percent at its April 2 meeting, bank minutes showed on Tuesday.
The bank kept interest rates unchanged last week, as its governor signaled it would act to tighten money market liquidity while inflation remained above target.
The bank said in a statement its board members deemed that reviewed economic developments could fuel uncertainty and risks to the most recent medium-term projection, considering that important uncertainty sources were also the future fiscal and income policy stance.
"Some board members remarked that, in the context of the ongoing deterioration of the external position of the economy, an increase in pressures on the exchange rate was very likely – with an adverse impact on inflation and on confidence in the domestic currency," the bank said in a statement.
(Reporting by Radu Marinas) ((radu.marinas@thomsonreuters.com; +40 21 527 04 93; Reuters Messaging: radu.marinas.thomsonreuters.com@reuters.net))
