“I expect the central bank will buy as much time as possible this year,” said Ciprian Dascalu, chief economist at ING Romania.
more| 07 Feb 2018 03:45 | Kitco News |
In contrast, Romania's central bank (NBR) is expected to raise its benchmark interest rate on Wednesday by a quarter point to 2.25 percent.
more| 16 Jan 2018 08:48 | Kitco News |
Romanian leu's level very close to fundamentals -cbank's Voinea. Reuters Tuesday January 16, 2018 9:32 AM. Kitco News.
moreBUCHAREST (Romania), January 16 (SeeNews) - The Romanian leu fell to an all-time low against the euro on Tuesday amid a political crisis caused by the resignation of prime minister Mihai Tudose.
moreBUCHAREST, Jan 16 (Reuters) - The Romanian leu edged lower against the euro in early trade on Tuesday after the ruling Social Democrats withdrew support for their Prime Minister Mihai Tudose, who resigned.
moreIt gave up almost all of the gains to trade at 4.6335 at 1418 GMT, after NBR Governor Mugur Isarescu said the bank would consider the 5-6 percentage point range for leu moves as sustainable. The Polish central bank (NBP) is unlikely to follow the Czech ...
more| 15 Dec 2017 08:37 | Telegraph.co.uk |
Value for money. 9 / 10. Double superior suites from 486 Romanian leu (£92) in low season; and from 602 Romanian leu (£115) in high, including one per cent city tax. Breakfast included. Free Wi-Fi. Given the apartment value and central location of this ...
moreIt weakened through the 4.6 line after the Romanian central bank said last week that it would focus on keeping market interest rates close to its benchmark rate and loosen its grip on the currency. A jump in inflation could lead to interest rate ...
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