Analysis: Increased predictability due to government shift, lead to higher exchange rate
Thursday, May 25, 2023
The increase of euro exchange rate to a historic level against the national currency reflect three main factors: the evolution of the interest rate difference between euro and leu, the existence of structural deficits at a high level and predictability increase as a result of the government shift, according to an analysis made by Frames, together with MoneyCorp Romania ...