ING analysts project a gradual decline for EUR/RON as the National Bank of Romania's managed stability policy continues to drive real appreciation in the local currency.
ING highlights the NBR's managed stability policy, which has led to real appreciation of the leu, implying a gradual downtrend in EUR/RON.
ING analyst Valentin Tataru notes that the National Bank of Romania's commitment to limited currency volatility has anchored the leu. This policy has inadvertently fostered real appreciation, signaling a potential gradual downtrend for the EUR/RON pair in the mid-term.
The National Bank of Romania employs a managed stability policy that limits significant fluctuations in the EUR/RON pair, effectively anchoring the currency.
Analysts at ING expect a gradual downtrend for the EUR/RON pair as the leu continues to experience real appreciation under current central bank policies.