CFA Romania forecast for 12 months: ROBOR at 3.13 pct; EUR/RON of 4.7641

Ovidiu Posirca 20/03/2018 | 11:04

Analysts at CFA Romania estimate for the next 12 month a 3-month ROBOR of 3.13 percent and an exchange rate for the euro at RON 4.7651.

The 3-month ROBOR stood at 2.03 percent on Monday, according to data provided by the National Bank of Romania (BNR).

The indicator CFA Romania for Macroeconomic trust rose by 0.7 points up to 46.7 points, while the current conditions indicator gained 9.9 points to 67.1 points.

The survey carried out among CFA Romania member states that 81 percent of them expect the Romanian currency to lose ground against the euro. The exchange rate will stand at RON 4.7021 for an euro in the next six months and RON 4.7651 for the next 12 months.

Over 84 percent of the surveyed members expect the inflation rate to increase in the next 12 months from the level of 4.32 percent.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Ovidiu Posirca | 27/03/2024 | 17:32
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