Asset Manager: Leu Strengthening Due To Capital Inflows, Not Fundamentals

01.22.2013 By Roxana Pricop

The inclusion of leu-denominated government bonds in an index of US bank JP Morgan led to significant inflows of foreign capital which fueled an “unexpected” decline of interest rates on government bonds, says Mihail Ion, chairman of investment management company Raiffeisen Asset Management (RAM).

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Keywords:
RAIFFEISEN
, CAPITAL MARKET
, LEU
, BONDS