foreign currency
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How can Romanians' exposure to foreign currency risk be curbed?
When two thirds of retail lending is foreign currency-denominated, talks about curbing foreign currency loans appear to come late. In recent years, this major vulnerability of the domestic market has been hidden under speeches about the upcoming euro adoption.
Romanians only borrow in foreign currency
The volume of loans in RON fell by nearly 9% in real terms in August, with the decline deepening in the last few months despite the NBR (National Bank of Romania) holding the key interest ra...
Biggest leap of foreign currency reserve in three years: 2.3bn euros
The NBR's foreign currency reserve in March added a further 2.29bn euros rising to a new all-time high of 32bn euros, thus registering the biggest monthly leap of the past three years
Finance Ministry releases new bonds in foreign currency. Is ‘club loan 2’ next?
The Finance Ministry is trying to sell 400 million euros’ worth of bonds in Bucharest today and sources on the market say that there are also talks for a new ‘club loan’ like that in J...