CFA Romania estimates depreciation of national currency over next 12 months, increase of Romania's risk premium

CFA Romania analysts estimate a depreciation of the (national currency) leu in the coming months, an average inflation rate of 3.82 percent in October 2020 and an increase in Romania's risk premium."As far as the exchange rate of Romania's national currency against the euro is concerned, over 75 percent of the participants anticipate a depreciation of the leu in the next 12 months (compared to the present value). Thus, the average value of the forecasts for the ...

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