Leu depreciated yesterday up to RON/EUR 4.4684, after the announcement that the President had refused to sign the memorandum with the International Monetary Fund surfaced. The national currency came out of stagnation late Monday and it depreciated after news that the President had refused to sign the memorandum with the International Monetary Fund surfaced. Leu continued its decline in the first half of yesterday, when BNR (the National Bank of Romania)… Read More...
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