Glossary entry

Romanian term or phrase:

a fost drenat

English translation:

was drained

Added to glossary by Alina Dohotaru
Nov 15, 2010 07:39
13 yrs ago
Romanian term

a fost drenat

Romanian to English Bus/Financial Finance (general) politica monetara
Pe parcursul trimestrului III, 2010 surplusul de lichiditate din sistemul bancar s-a menţinut la un nivel înalt şi a fost drenat exclusiv prin utilizarea certificatelor BN.
Proposed translations (English)
5 +8 was drained

Proposed translations

+8
18 mins
Selected

was drained

excess/surplus liquidity was drained by issuing debt certificates

ex
http://www.bankofengland.co.uk/education/ccbs/ls/pdf/lshb06....
By contrast, if a central bank were to drain excess liquidity by issuing sufficient volume of securities, or taking remunerated deposits
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4 KudoZ points awarded for this answer. Comment: "multumesc"
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