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Click on the Image to view it full size. As all national currencies in Eastern Europe the Romanian Exchange Rate deprecated by over 0.4 RON between fall 2008 to early winter 2009 and stabilized during spring 2009 at some 4.2 RON/EUR. In the last month of 2009 the RON deprecated further due to the government crisis and reached levels over 4.3 RON/EUR. In January the RON recovered up to .15 RON, reaching even a level of 4.11 RON/EUR but soon started losing ground again. Some analysts expect a drop to 4.5 RON/EUR until summer 2010. However, a complete recovery is not expected by most analysts during the next years.

Back to The economy of Romania in 2010.

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