What A “Grexit” Would Mean For Romania: Euro Above RON5 And Doubled Interest Rates

06.01.2012 By Ciprian Botea

The leu’s depreciation by 10%-15% against the euro and the doubling of interest rates for lei on the interbank market would be the direct and fast effects on the Romanian market of the prospective exit of Greece from the euro zone, according to the scenarios put together by analysts.

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Keywords:
GREECE
, EURO ZONE
, GREXIT
, LEU
, DEPRECIATION