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Bankers' forecasts on the RON/euro exchange rate in 2011
04.01.2011, 00:10 | Finance-Banks | 1311 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
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