Inflation target for 2010 set at 3.5 percent
The inflation target for 2010 set in accordance with the International Monetary Fund is 3.5 percent, plus/minus one percent, the central bank's governor Mugur Isarescu said on Thursday.
Inflation could hit 5 per cent by the end of the year, well outside the Reserve Bank's target range of 1-3 per cent, but it has decided to remain sitting on its hands.