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Tag Archives: Romanian Leu

Weak reaction of EUR/RON exchange rate after Iohannis request over PM’s resignation

The Romanian Leu has slightly depreciated against the main currencies after today’s speech of President Iohannis in which he called for Prime Minister Viorica Dancila’s resignation. National Bank of Romania (BNR) on Friday has announced an exchange rate of RON ...

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Political tensions grow as the economy slows down. “Romania risks a conflict with EU”, Unicredit warns

Unicredit Bank anticipates a slowdown of Romania’s economic growth to 4.4 percent in 2018 and 3.6 percent in 2019 as consumption and investment will be affected by the slowdown in wage growth, fiscal uncertainty and higher funding costs. “The conflict ...

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S&P confirms Romania at BBB-/A-3, stable outlook; ‘Political volatility overshadows the economic boom’

The financial evaluation company Standard & Poor’s (S&P) maintains Romania’s rating at BBB-/A-3, with a stable outlook, due to country’s moderate external and government debt, amid strong growth prospects. ”However, we estimate Romania’s GDP per capita at just over USD 10,000 ...

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RON hits new low record. EUR exceeds RON 4.66

The National Bank of Romania (BNR) announced on Friday a reference exchange rate of RON 4.6614/ euro, an increase of 0.21 percent compared to the level reached on Thursday, a new record level. The national currency thus reaches the lowest ...

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National currency depreciates against euro, ends 2017 with a record low

Romanian Leu hit the weakest value on Friday compared to the euro, the exchange rate announced by the National Bank of Romania (BNR) was RON 4.6597/EUR, up by 0.90 bani (0.19 percent) compared to the value of the previous session, ...

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EUR goes beyond the psychological threshold of RON 4.65

The National Bank of Romania (BNR) announced an exchange rate of RON 4.6515/euro, RON 3.9133/dollar, RON 3.9525/Swiss franc. Thus, the single currency reaches a new high of the last month, while the gold reaches its highest value since November 29, ...

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S&P says Romania’s outlook is stable at ‘BBB-/A-3’, external debt is likely to increase

Standard & Poor’s (S&P) affirms Romania’s rating at BBB-/A-3, with a stable outlook, warning about country’s budget and trade deficits widening. ”The stable outlook reflects our expectation that while Romania’s twin deficits will widen as a result of the Government’s procyclical ...

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Erste: Political crisis in Turkey leads to direct risks in the Romanian economy

The political crisis in Turkey exerts direct economic risks in the Romanian economy, but the turbulences in international financial markets have not been felt locally. The reaction of investors in Central and Eastern European countries to the crisis in Turkey ...

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BNR to quote the Croatian kuna starting today

Starting Friday, August 21, the National Bank of Romania (BNR) will add to its exchange rate table the indicative quote for the Romanian leu versus the Croatian kuna (HRK), a press release informs. By Friday, the exchange rates list contained ...

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