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Bucharest
May 24, 2022
BUSINESS

BNR reference exchange rate up to RON 4.2995/EUR

The RON depreciated in the first part of yesterday’s inter-bank session in line with the trend of regional currencies, with the National Bank of Romania (BNR) posting a reference exchange rate of RON 4.2995/EUR, the peak level registered in the last eight months and a half. The exchange rate posted yesterday is RON 0.0098 lower than the RON 4.2897/EUR exchange rate posted on Tuesday. The Central Bank has posted an exchange rate of RON 2.9074/USD yesterday, RON 0.0271 smaller than the one posted on Tuesday (RON 2.8803/EUR). According to the dealers, the RON’s depreciation is caused by the negative mood in the regional markets, with the neighboring countries’ currencies registering losses of approximately 1 per cent. The RON depreciated at the start of the day, with the first transactions taking place at an exchange rate of RON 4.2950-4.2970/EUR, up from the level registered at the end of the day before (RON 4.2925-4.2935/EUR).

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