Isarescu: Controlled Floating Includes Finance Ministry’s FX Sales

02.12.2014 By Florentina Dragu

Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase foreign currency in the market, including on behalf of the finance ministry.

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Keywords:
ISARESCU
, CONTROLLED FLOATING
, LEU
, EXCHANGE RATE