Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will average 5.33%.
Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will average 5.46%, the lowest level since November 2021.
Euro zone inflation hit another record high, up 5% in December 2021, a sign that the economy is under renewed stress as surging coronavirus infections force governments to tighten restrictions.