Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Romania

Long Term Potential

September 2006 | Currency Forecast
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The unit has been unable to make a firm break through very strong resistance in the RON3.5000/EUR area. We think that the unit can close the year strongly, and post gains over 2007. In the case of a short-term reversal, RON3.6450/EUR and RON3.7000/EUR remain