Central Bank governor says he won't seek new term at the BNR helm
Publicat:Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Monday that at age 70 he does not contemplate a new term at the helm of the National Bank.
"I cannot any more. I am 70. Your question is no longer topical. ... What is indeed topical is the solidity of this institution. Its credibility is crucial. Apart from interest rates, exchange rate, minimum reserve requirements and work with the markets, credibility is our main working instrument," said the highly experienced top banker, who took the opportunity to chide the media for uncritically taking over misleading stories…
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