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Romania’s central bank keeps the exchange rate stable

December 4, 2024

Despite the tensions coming from the political scene, the increases in yields on government bonds (which means that investors perceive higher risk in Romania), and the falls on the stock market, the National Bank of Romania (BNR) managed to keep the exchange rate stable. 

On December 3, the BNR announced an exchange rate for the euro of RON 4.9770, with practically zero fluctuation compared to the previous trading session. Since the first round of the presidential elections, the exchange...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-bnr-exchange-rate-elections-dec-2024
Read in full - click here
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