Central Bank RatesRomania policy rate in 2004 (7 changes)
Start of year21.25%
End of year17.00%Dec 31, 2004
Net change-425 bp0 hikes, 7 cuts
Average19.95%
Rank by level3 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Jun 7, 2004 | 21.25% | 20.75% | cut -50 bp |
| Jul 12, 2004 | 20.75% | 20.00% | cut -75 bp |
| Aug 5, 2004 | 20.00% | 19.25% | cut -75 bp |
| Aug 27, 2004 | 19.25% | 18.75% | cut -50 bp |
| Nov 2, 2004 | 18.75% | 18.25% | cut -50 bp |
| Nov 22, 2004 | 18.25% | 17.75% | cut -50 bp |
| Dec 20, 2004 | 17.75% | 17.00% | cut -75 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
6.5%
6.5%
6.5%
7%
6.75%
1.75%
1.5%
2.5%
2.5%
1.75%
1.75%
1.75%
2.75%
4%
5.25%
6%
6.25%
8%
10.25%
7.5%
8.75%
7.5%
17%
21.25%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.