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"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper, as we were formerly by the old Continental paper."

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Home The News Eurasia Romania's central bank cuts interest rates to 8.5%
Romania's central bank cuts interest rates to 8.5%
News - Eurasia
Written by Polya Lesova - MarketWatch   
Tuesday, 04 August 2009 07:29
NEW YORK (MarketWatch) -- Romania's central bank cut its benchmark interest rate by 50 basis points to 8.5% on Tuesday, meeting market expectations.

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