Romania Central Bank Swings To RON1.25B Loss In 2013

06.27.2014 By Florentina Dragu

The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs with the revaluation of foreign currency assets and liabilities, the bank said in its financial report.

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