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BNR monitored the relative stability of the exchange rate under the conditions of gradual and sustainable reduction of the interest rate

The National Bank of Romania (BNR) monitored  the relative stability of the exchange rate and kept it under the conditions of gradual and sustainable reduction of the interest rate,without falling in the trap of too low interests, considers Cristian Popa, member of the BNR board, in an article on the blog of Opinii BNR.    ‘In Romania, a depreciation of even one ban or 0.2% represents a ...

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