Analysts: Romania Central Bank Likely To Move In Force If Leu Weakens Above 4.46 Vs Euro

05.11.2012 By Florentina Dragu

Romania's central bank is unlikely to allow a too steep depreciation of the leu against the euro and could step in aggressively to protect the national currency and remind investors of the power a central institution has in a small market, bank analysts said Friday.

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