BNR's Isarescu: The euro cannot go below RON 5
Bogdan Hofbauer
The euro/leu exchange rate cannot fall below RON 5, Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Friday, adding that lately the central bank has not intervened in the market. "Maybe it's a wish. There is no way it can go down. Less than RON 5 no. So, I said that there is a period of relative stability of the exchange rate determined, on the one hand, by capital inflows, as well as the inflows of European funds. I can make you a statement that I usually don't make and no
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