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The depreciation of the leu, due to the volatility on the global markets created by the FED commentaries

The depreciation of the leu against euro is caused by the volatility on the global markets created by the decision of the Federal Reserve (FED) to reduce the monetary stimulus given to the economy, says Adrian Codirlasu, vice-chairman the Association CFA Romania.‘What does this mean? the increase of the interest to the dollar. When the interest grows to the dollar, interests grow everywhere in the world. The exchange rate is connected to the interest ...

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