Tag Archives: fdi

Romania’s economic growth accelerated in the first quarter of 2016 more than estimated. The GDP (Gross domestic product) rose by a preliminary 4.3% according to the National Statistics Institute. This makes Romania the second fastest-growing economy in the EU only behind Ireland. I’m quite sure you’ve read or heard about this ‘success‘ in local media. There is only one big …

To understand, what is really decisive for the RON exchange rate, there are only two romanian gentlemen you need to know: Mr. Central Bank & Mr. Foreign Trade. When the rata lunara for CHF-mortgages exploded in January 2015, affected homebuyers gathered at the offices of the romanian central bank (BNR) in downtown Bucharest to protest in the hope that the mighty bank …