national currency

In the week following the elections, the National Bank of Romania (NBR) spent approximately EUR 6 billion from foreign currency reserves to support the RON, according to an estimate by Erste Group Bank analysts. The NBR most likely...

The National Bank of Romania (BNR) announced an average rate of 4.5872 lei on Thursday, following the sharp depreciation in the first part of the day on the interbank market, from 4.5775 lei/euro on Wednesday to 4.5871 at...