Romania’s RON hits 1-month low vs. EUR

Sorin Melenciuc 19/09/2018 | 13:39

Romania’s currency, RON, declined for the third day in a row against the European single currency on Wednesday, the exchange rate rising to 4.6524/EUR, the highest level since August 17, National Bank of Romania (BNR) data show.

On Tuesday, the reference exchange rate was RON 4.6678/EUR.

US dollar lost 0.07 percent to 3.9764 RON.

Experts say the RON’s deppreciation is due to higher liquidity in the money market.

The Romanian central bank has stopped repo operations this week, on lower liquidity need from local banks.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Sorin Melenciuc | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue