Tag Archives: trade

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 …

‘I didn’t order that!’ – or how to avoid a nasty surprise You probably remember the Champions League final 1999 in Barcelona between Bayern Munich and ManU. With two goals in the last seconds, ManU turned the game upside down and won the trophy. As it was bad enough for the german players or fans, for one Bayern-assistant, it was …