Presiune pe curs, leul scade puternic. BNR: „Există o volatilitate mai mare pe curs, pe care banca a acceptat-o”

The National Bank of Romania has accepted increased currency volatility due to political crisis and economic fundamentals, as stated by Dan Suciu. The leu depreciated significantly against the euro, reaching a historic low. Although a 1% depreciation is not large in absolute terms, it appears significant given the previous lower volatility. The central bank aims to maintain currency and interest rate fluctuations within certain limits to avoid liquidity issues. Romania's foreign reserves decreased by nearly 5 billion euros in September, impacting the leu's stability. The ongoing political instability is closely monitored by financial markets, complicating the country's budget deficit reduction efforts.