Popa (BNR): Investors' chasing low-risk assets might depreciate currencies in emergent countries

The investors' rush towards low-risk assets can put pressure on the currencies in the emergent countries and depreciate them, deputy governor of the National Bank of Romania (BNR) Cristian Popa said .'The source of all tensions, the uncertainty for the American economy and for major economies in the eurozone is more visible now,' said Cristian Popa, BNR deputy governor, stressing that the transmission channels remained the same. 'We have no idea about the direction the ...

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