Central Bank governor: Romania has Europe's lowest financial brokerage alongside Poland

Romania has the lowest financial brokerage level in Europe alongside Poland, while the money supply created in the prior years does not represent the inflation problem, said National Bank of Romania (BNR) Governor Mugur Isarescu at Friday's debates on the inflation.'It is not true that the money supply excessively created in the past years is, in fact, the problem of the inflation. The simple explanation is that the Velocity indicator has improved, namely the economy has become ...

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