ECB agrees to renew framework arrangement to provide euro liquidity to BNR via repo line

The European Central Bank (ECB) has agreed to renew a framework arrangement to provide euro liquidity to the National Bank of Romania (BNR) via a repo line until 31 January 2027, the National Bank of Romania reports in a press release."Such repo lines help prevent tensions in international funding markets and undesired effects on financial market stability," reads the release.According to this arrangement, the BNR will be able to borrow up to EUR ...

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