BCR CEO Sees Romanian Leu Staying In Narrow Ranges

The Romanian leu will continue to stay in the tight range it's been traded in the past six months, between 4.1 and 4.3 units per euro, BCR chief executive Dominic Bruynseels said Wednesday.

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Since the beginning of the year, the leu has gained around 1.5%, outperforming most of its regional peers.

The central bank has announced it will step in to correct any potential speculative actions that may distort its inflation objective and threaten financial stability.

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