BNR's Isarescu: A monetary council would probably need an exchange rate of at least 7-8 lei
Publicat:A monetary council would probably neede an exchange rate of at least 7-8 lei in Romania's case, governor of the National Bank of Romania (BNR), Mugur Isarescu, stated on Monday, while mentioning that such council is only set up in crisis situations.
"And there was another confusion! A serious one! And I guess it was him again [adviser to PM, Darius Valcov - editor's note] who posted it on the Website of the ruling party, when the exchange rate was under pressure. We were told then to follow into Bulgaria's footsteps. And of course that there were some who responded to this. But I don't…
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