Isarescu: The leu has strengthened; it is a summer trend

Romania's national currency, the leu (ROL), has strengthened against the euro, and that is a summer trend, which is based on the foreign exchange sales of grain traders, Governor of the National Bank of Romania (BNR) Mugur Isarescu explained on Monday at a news conference to release the BNR inflation report."The forecasts are made in the market and analysts have every right to make such forecasts. As you can see, the leu has strengthened a bit. It has not ...

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