Central bank's Isarescu: We should let exchange rate, market function
Publicat:The national currency has not depreciated in recent months and it is worse than an exaggeration to say that the (national currency) leu is on the bottom of the precipice, the governor of the National Bank of Romania (BNR), Mugur Isarescu told a Thursday's press conference, mentioning that the forint and zloty depreciated more than the leu compared to the euro.
"This fuss, which is actually exaggerated, I saw in a newspaper today, with the depreciation of the exchange rate. The leu has not depreciated in recent months. It appreciated in the summer from 4.76 to 4.72 [lei for 1 euro] and…
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