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August 5, 2021

BNR governor – baffled by the calculation of fuel prices

BNR Governor Mugur Isarescu said he was surprised to find out how fuel prices are calculated in Romania. ‘I don’t quite understand the logic of internal fuel prices. If we look at the forex trend and international quotations, prices are still too high and the only explanation I can think of is that there are divergent factors acting on them. Crude price does not account for such an evolution (of fuel prices on the Romanian market – our note), Mugur Isarescu added.

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