Romanian currency slips to year low

Newsroom 02/02/2010 | 09:56

The Romanian currency reached a year-low yesterday when the Romanian Central Bank (BNR) posted an exchange rate of RON 4.08 rate for EUR. This was 4.15 bani below the exchange rate on Friday last week. BNR representatives have previously said they couldn’t see any reason for the appreciation of the Romanian currency, with interest rates having dropped. The average RON to EUR exchange rate last year was of RON 4.23/EUR, while in 2008, it was of RON 3.68 per EUR. At the beginning of January last year, the exchange rate was of RON 4.02 per EUR. The peak of the rate was of RON 4.31 per EUR towards the end of January last year, according to data from BNR.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
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