The Lion Collapses Against the Euro. The Interbank Course Has Reached 5.35 Lei/euro, a Historical Minimum. Dan Suciu: "It's a Complicated Moment
18 Articles
18 Articles
Dan Suciu, spokesman of the BNR, told Reality PLUS on Thursday evening, after the BNR's foreign reserves dropped by 4.8 billion euros in September, on the basis of the debt and the pressure on the lion, that a good part of this decline represents the debt of the Romanian state. He explained that the remainder of the decrease in reserves is due to specific operations of the National Bank and interventions aimed at maintaining a balance between th…
The lion strongly depreciates in front of the euro, which reached 5.35 lei on the interbank market, a new historical minimum for the Romanian currency. BNR spokesman Dan Suciu says that the central bank is in a "complicated" period and is trying to find a balance between price and interest variation. At the same time, Romania's foreign exchange reserves fell by almost EUR 5 billion in September.
The interbank exchange course has risen strongly today, in the context of political uncertainties, a euro being quoted now with 5,3347 lei, after having been quoted at 5,3409 lei. The article Leul has collapsed massively on the interbank. The historical record has been surpassed! appears first in Romania TV.
BNR tries to calm the market after the explosion of the euro rate
Leul declines strongly Thursday in front of the euro, and in the European currency interbank market reached 5.35 lei, a historical minimum of the Romanian lion in front of the euro. The National Bank of Romania announced a decrease in foreign exchange reserves of nearly 5 billion euros in a single month. Thus, at the end of September, foreign exchange reserves were [...] The Leul article reached the lowest level in the history of the euro on the…
The lion recorded a strong new depreciation on Thursday, with the euro rising for a short time on the interbank market to over 5.34 lei, a record level.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
