Monetary Policy in Romania: Trends and Implications

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Authors: Camelia Mihai, Norina Popovici, Dorinela Nancu
Cited by: 0

Abstract

Monetary policy is one of the most important instruments through which a country maintains its macroeconomic stability, controls inflation and influences economic growth. This paper aims to analyze Romania's monetary policy during the period 2014-2024, highlighting both the theoretical context and the practical developments of the main macroeconomic indicators. The study examines the evolution of the monetary policy interest rate, the rate for the credit facility and the deposit facility, the inflation and the economic growth rate, highlighting how NBR's decisions influence the Romanian economy.

Fields of Study & Subjects

Monetary Policy and Economic Impact Banking stability regulation efficiency European Monetary and Fiscal Policies

Publication details

Journal / source
Ovidius University Annals Economic Sciences Series
Volume
25
Issue
2
Pages
666–671
Publication date
10 February 2026
Language
EN