Euro passes the RON 4.53 threshold first time this year

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The national currency depreciated to 4.5333 units per euro, according to the exchange rate announced by the central bank, compared to Monday reference of 4.5270 units, for the first time this year.

The depreciation pressures will continue given the international context, but these will be tempered by BNR, ING Bank estimates.

The U.S. dollar apreciated by 0.5 percent compared to Romanian leu (RON) at the official rate, and was quoted at RON 4.1787.

The national currency has the worst day of the year. Last time, it was quoted at over RON 4.53/euro in December 29th.

BNR Governor Mugur Isarescu said recently that RON could remain stable in 2016 too, if the external problems, which are already taking shape, will not be boosted by internal problems affecting the macroeconomic situation.

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