RON decline
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ZF English
Fearing inflation and RON decline, Romanians flee to gold
The outlook of rising inflation in the wake of the VAT hike, along with a RON downward trend, has pushed many people to rush to the safest investment in troubled times, gold.
ZF English
BCR head: Steeper RON decline should not be ruled out
A deeper decline of the RON/euro rate should not be ruled out, as such movements can still occur, not only because of internal policies, but also as a result of regional or broader influence...
ZF English
A&D Pharma, 11% lower turnover as a result of RON decline
A&D Pharma, the biggest Romanian pharmaceutical company, in the first three months of this year reached 113.2m-euro turnover, down 11% from the 126.7m-euro level reported in the same period...