Vasilescu: BNR Will Use “All Its Instruments” To Stop An Excessive Depreciation Of The Leu

06.07.2012 By Claudia Medrega

The National Bank of Romania doesn’t plan on sitting idly by, but will use all the instruments at its disposal if an excessive appreciation of the US dollar might endanger the price stability and increase energy costs, so the leu cannot reach 5 units against the euro, says Adrian Vasilescu, advisor to the governor of the central bank.

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Keywords:: VASILESCU; , BNR; , EXCHANGE RATE

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