By Iulian Ernst in Bucharest Romania’s central bank, the National Bank of Romania (BNR), decided on November 8 to keep the monetary policy (chart) rate at 6.5%. Faced with multiple sources of uncertainty and with the following monetary policy board meeting not until January 15, the BNR kept a cautious stance that was broadly expected by the market. The bank noted that inflation eased more slowly than anticipated and will follow a trajectory above that of the previous projections. It also outlined domestic (fiscal and income) and external (Ukraine, Middle East) risks. The annual inflation rate …