Tag Archives: BNR

Forex – The Flow Of Money


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 …

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Best Friend & Worst Enemy

compound interest

From time to time you hear in the news, that the central bank of Romania has changed the key interest rate. This change is rather small, in most cases 0.25% up or down. Why should I care too much about 0,25%? I have no money at the central bank anyway, you might think and switch the channel for more juicy …

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