Daily Market Updates: Romanian Leu: Budget credibility key to stability

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Romanian Leu: Budget credibility key to stability - Societe Generale

Reported · Written up by our desk · Major Pairs

Societe Generale notes EUR/RON trading below 5.35 and 10-year RONGB yields under 7% after parliament approved the Niculescu government, ending a political deadlock. The bank highlights fragile political stability and a commitment to reduce the deficit below 3% by 2030.

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FXStreetRomanian Leu: Budget credibility key to stability - Societe Generale

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Romanian Leu: Budget credibility key to stability - Societe Generale

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