PSD launches new attack against central bank: “The EUR rise is artificial”

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Social Democrats continue the war with the National Bank of Romania, claiming that, if there are no natural causes, the Euro rise cannot be but artificial. “What is BNR doing when it must watch over the banking system and to ensure the stability if the exchange rate?“, reads a PSD Facebook post.

If there are no natural causes, the Euro rise cannot be but artificial. If foreign investments have been up and brought more Euro in the country, if more European funds have been absorbed, which brought more money to Romania, if less Romanians have left the country and have taken less Euro, if imports have not increased and there has been no need for more foreign currency…if Euro is down around Romania…then the Euro rise is artificial! What is BNR doing when it must watch over the banking system and to ensure the stability if the exchange rate?” the ruling party says.

Last week, PSD stated that the only institution entitled to have a controlled power on the RON-EUR exchange rate is the National Bank. The next day, PSD used to ask BNR in another Facebook post to “do its job and defend the national currency and the Romanians’ mortgages”.

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1 Comment
  1. Bryan Davidson says

    This is dangerous and dumb.

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