According to the BNR, the average USD/RON rate was 3.34 in 2014 and 3.32 in 2013
On Wednesday, the National Bank of Romania (BNR) announced a reference rate of 4.0041 RON per USD, the first time it has ever exceeded the 4 RON threshold.
The EUR/RON rate is 4.4542 and the Swiss Franc/RON is 4.1595.
The depreciation of the RON against the Dollar appeared because of the appreciation of the Dollar against the Euro, given that the European Central Bank has launched a campaign of quantitative easing, and that in the US an increase in interest rates is expected.
The European currency has reached its maximum of the month. A higher rate was reached on the 28th of January, 2015, when the BNR announced a rate of 4.4585 RON/EUR.
According to the BNR, the average USD/RON rate was 3.34 in 2014 and 3.32 in 2013.
The recent evolution of the USD/RON rate, according to the x-rates.com website:
UPDATE 14.32
In international markets, the EUR has lost 0.4% on Wednesday, the EUR/USD rate being that of 1.1129. It is the fifth consecutive day of decline. On Thursday, a board meeting will take place at the ECB, where details of the quantitative easing program will be discussed. Another relevant element is the positive report on the evolution of jobs in the US.
O.C.