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
26 Articles
26 Articles
Euros passed on Friday morning of 5.34 lei on the interbank market, marking a depreciation session, a few hours before the S&P Global rating agency announced the sovereign rating of Romania. BNR, which lost last month 4.8 billion euros from the currency reserve, could intervene in the market to mitigate the depreciation of the national currency. ...
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.
Romania's economy reacts violently to the prolonged political impasse, recording major turbulence in the currency market even before a crucial international assessment. Thursday, the European currency recorded a spectacular jump in the interbank market, rising from 5.28 lei to a record 5.34–5.35 lei. This sudden depreciation of the national currency, of about 1.5%, is extremely ... Article Shock on the interbank market: Euro explodes to 5.35 lei…
On the interbank market, the European currency exceeded the threshold of 5.34 lei in the morning of Friday, on the basis of a steep depreciation trend that arose just before the decision of the S&P Global Agency on the country rating of Romania. BNR, which lost last month 4.8 billion euros from the currency reserve, could intervene in the market to mitigate [...] Article Historical fall of the lion on the interbank market where the national curr…
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