Euro atinge un nou maxim istoric: a urcat la 5,35 lei
The Romanian leu has depreciated against the euro, reaching a historic high of 5.3528 lei per euro. This decline follows a brief period of relief after S&P maintained Romania's BBB- rating. Bond yields have also increased, with the 10-year government bond yield rising to 7.35%. Despite these pressures, the Bucharest Stock Exchange saw gains, particularly in energy stocks. Retail sales increased by 2.3% in August, marking the first annual rise in a year, although real wages remain negative. Analysts predict ongoing challenges for the economy, including foreign investor withdrawals and currency pressures.