Romania Ctrl Bank Likely To Move In Force If Leu Weakens Above 4.46 Vs Euro

Romania's central bank is unlikely to allow a too steep depreciation of the leu against the euro and could step in aggressively to protect the national currency and remind investors of the power a central institution has in a small market, bank analysts said Friday.

18 views

Read the rest of this story ...

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.