Page 31 - Economic Outlook Romania 2019
P. 31
EUR/RON: The question is not if, but when the
NBR comfort range will shift higher
EUR/RON heavily managed until now due to high FX pass-through (40%) to inflation, impact
on inflation expectations and consumer confidence.
4.80
4.75
4.70
4.65
4.60
4.55
4.50
4.45
4.40
4.35
EUR/RON NBR "lines in the sand"
31
