News » January, 2011 » 4 January 2011
Bankers' forecasts on the RON/euro exchange rate in 2011
04.01.2011, 00:10 | Finance-Banks | 1282 views
Players on the forex market, where nearly 400 billion euros are traded every year, say the euro will remain in the 4.2 RON region this year, as well. The euro will remain above 4.2 RON at least until March, although the RON started the year with a surprising appreciation, after the exchange rate had seen only slight fluctuations around 4.3 RON per euro in the first part of 2010. Only towards the yearend is a stronger RON possible, but until then there remain a few questions, say experts who answered ZF's request for a forecast on the euro's progression across 2011. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
