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Romania's central bank holds rates, cuts hard currency reserve requirements

BUCHAREST, Nov 12 (Reuters) - Romania’s central bank kept its benchmark interest rate unchanged at 1.50% on Thursday and cut the minimum reserve requirement on commercial banks’ hard currency liabilities to 5% from 6%.

A majority of analysts polled by Reuters this month had expected the bank to hold fire on interest rates.

The bank will detail its decisions in a statement at 1400 GMT. (Reporting by Luiza Ilie; Editing by Edmund Blair)

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