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Romania Junk Downgrade Warning: Euro Could Surpass 6 Lei, Says Economist
Digi24LO·RO·2 days ago
The euro appreciated to a new all-time high of 5.2788 lei per euro, surpassing the previous record set in May. This reflects continued depreciation pressure on the Romanian leu, likely driven by domestic fiscal concerns and broader emerging-market dynamics. The move signals persistent currency weakness in Romania, which could feed into inflation and complicate monetary policy.