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The leu depreciated on Wednesday by 0.51 bani against the euro (0.10%), reaching the European currency a new all-time record since the exchange rate calculated by the National Bank of Romania (BNR) is 4.8641 lei / euro.
On Tuesday, the NBR traded the euro at 4.8590 lei.
In the interbank market, the national currency is priced between 4.8576 and 4.8670 lei for one euro.
In addition, the leu lost ground against the US dollar, which reached 4.1529 lei, an increase of 1.25 money (0.30%), compared to Tuesday’s exchange rate, 4.1404 lei / dollar respectively. .
Gold fell 1.05 lei (-0.41%) to 252.2762 lei, from 253.3349 lei, as established in the previous meeting.
Historical record, one day after budget rectification
The parliamentarians decided, at the proposal of the PSD, to repeal the article according to which the pension point is increased by 14%, In this way, the law of the public pension system remains in force, which provides for its increase by 40%.
PSD MPs, aided by allies, voted to increase pensions by 40%, teacher salaries by 25% and sent a lot of money to mayors.
All the information on the modifications included by PSD in the budget rectification is available here.
The Minister of Finance, Florin Cîţu, declared on Tuesday that we will witness an immediate depreciation of the euro-euro exchange rate, if the budget rectification law approved by Parliament with the modification of the pension increase by 40% is approved, informs Agerpres.
“The depreciation of the national currency began when (PSD, no.) Announced the motion of censure and announced that they want to return to the budget rectification. There is this risk: when this law is passed, memediated, the exchange rate would depreciate and there would be this risk for Romania of having an exchange rate depreciation, which also means inflation. Then he would ask Ciolacu and his gang to assume the depreciation of the national currency. If the exchange rate exceeds 5 lei, I say that they should come and resign, because they are directly responsible for what happens in the next period. We will not allow such a thing and will take all measures to avoid getting there.“said the finance minister, asked about the possible repercussions on the national currency of the measures adopted by Parliament on Tuesday.
″ These increases in the middle of a crisis are an attack on the stability of the economy ″, the liberals accused, and the prime minister responded more harshly: “PSD economic criminals only drive Romania into insolvency.”
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