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RON-EUR exchange rate at new historical peak: 4.4168

May 3, 2012

The fall of the Ungureanu Cabinet stops the series of key interest cuts operated by BNR at 5.25 pc, Governor Mugur Isarescu confirmed. The reference exchange rate announced by the National Bank of Romania (BNR) reached a new historical peak at 4.4168 RON/EUR, up RON 0.0198 (1.98 Ban) from Monday’s level, as the RON tempered its [...]

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