





Romanian currency strengthens after Central Bank intervention
The Central bank intervened directly on the market, in order to strengthen the national currency, analysts saying that the exchange rate was announced ten minutes later than usual, in order for the RON to each the lowest level of the day. Georgiana Constantinescu, Credit Europe Bank analyst, said for The Money Channel that the Central bank tries to send a positive signal on the market.
The session on Friday was extremely volatile, RON ranging between 3.95 and 3.77 RON per Euro.
Compared to the US dollar, the RON strengthened slightly, from 2.7817 to 2.7811 RON per dollar. The Swiss franc ended the day at 2.4816 RON, 0.1 RON less than Thursday.