National currency ends depreciation trend. ROBOR indices stagnate

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The national currency has reached the turning point and has ended the depreciation trend of the past eight days, with an exchange rate against the European single currency of 4.7628 units on Monday, by 0.04% less than in the previous session, the figures from the National Bank of Romania (BNR) reveal.

RON has passed through a depreciation period which analysts say it was connected to the settlement of the imports during the winter holidays, to the GEO 114 on fiscal decisions and to a fall in investors’ confidence.

The RON/USD exchange rate has decreased to 4.1739 units, down by 0.7% against Friday.

The Swiss Franc has reached an exchange rate on Monday of RON 4.2076, down from RON 4.2213 on Friday.

The gram of gold is more expensive, of RON 174.6695, up from RON 173.4522 in the past session.

All ROBOR indices have stagnated on Monday at the values of last week: 3-month index at 3.11%, 6-month index at 3.34%, 9-month index at 3.42% and 12-month index at 3.51%.

 

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