Analysts See Leu at 4.94/Euro in 12 Months, Budget Gap at 8.5%

06.17.2020 By Oana Gavrila

Analysts of CFA Romania estimate the Romanian leu will depreciate to an average of 4.94 to the euro in the next 12 months, with a peak of RON5.1 to the euro, and an average budget deficit of 8.5% of GDP.

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