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- Romania's Central Bank governor Isarescu says cenbank will consider a range of 5-6 percentage points for Leu currency moves as sustainable, declines to mention from which levels
Romania's Central Bank governor Isarescu says cenbank will consider a range of 5-6 percentage points for Leu currency moves as sustainable, declines to mention from which levels
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Says in last 4-5 years romanian leu moved from 4.4 per euro to 4.65, not a large depreciation
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Salutes that preliminary data indicates 2017 budget deficit will be below 3 pct/gdp
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Monday's hike is not of a nature to be brusque on the economy
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Rate hike aimed at anchoring inflationary expectations
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Does not envision ample money market rate changes
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Says bank has more uncertainties over inflation fcast than it did in november
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Inflation will rise above cenbank's target in first part of year before slowing down
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