In the week following the elections, the National Bank of Romania (NBR) spent approximately EUR 6 billion from foreign currency reserves to support the RON,
Romanian Leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime, the Czech Republic,
With an evolution labelled as a “new negative record” and “the national currency continues to decline” after the reference exchange rate announced by the BNR
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The National Bank of Romania wants a „loyal cooperation” with the Ministry of Public Finance, and that involves a prior consultation with the central bank
For four years now, net wage growth has been much higher than productivity and, as employers’ earnings have not increased with the wage advance disproportion
In the week following the elections, the National Bank of Romania (NBR) spent approximately EUR 6 billion from foreign currency reserves to support the RON,
Romanian Leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime, the Czech Republic,
With an evolution labelled as a “new negative record” and “the national currency continues to decline” after the reference exchange rate announced by the BNR
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The National Bank of Romania wants a „loyal cooperation” with the Ministry of Public Finance, and that involves a prior consultation with the central bank
For four years now, net wage growth has been much higher than productivity and, as employers’ earnings have not increased with the wage advance disproportion
