How Much Further The Leu Can Depreciate And Who Would Be Affected By A Euro Worth RON5

06.08.2012 By Cristina Roşca , Claudia Medrega

The depreciation of the leu towards RON5 per euro would affect Romanians whose loans in euros are worth EUR3.5 billion and would lead to a deterioration of banks’ loan portfolios and an increase in non-performing loans.

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Keywords:: EXCHANGE RATE; , EURO; , DEPRECIATION

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