EUR/RON exchange rate reaches new all-time high on Friday

Anca Alexe 19/01/2018 | 16:42

The European currency has reached a level of RON 4.6114 on Friday, a 0.21 percent increase from Thursday and a new historical high.

The 3-month ROBOR interest rate, based on which interest rates are calculated for most RON currency loans, has also increased on Friday to 1.99 percent.

On Thursday, the euro had decreased to RON 4.6514, as the political tension had subsided. The previous historical high had been reached only 3 days ago, on January 16.

In December, analysts were estimating that over the following six months the euro could reach RON 4.68, while they also warned about the euro possibly crossing RON 4.73 in 2018 if the country continues to lack fiscal stability and uncertainty will still be present in the economy.

BR Magazine | Latest Issue

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

The October 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Globalworth Successfully Addressing Market Challenges From a Position
Anca Alexe | 26/10/2022 | 17:53

    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 business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    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