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Central bank assures Romania far from debt default risk
Romania is not at risk of defaulting on its external obligations, given the adequate level of international reserves, National Bank of Romania (BNR) governor Mugur Isărescu said while presenting the central bank’s quarterly Inflation…
iulian ernst · Journalist
· Updated · 2 min read
Romania is not at risk of defaulting on its external obligations, given the adequate level of international reserves, National Bank of Romania (BNR) governor Mugur Isărescu said while presenting the central bank’s quarterly Inflation Report on May 19.
The governor rejected what he described as “catastrophic” assessments suggesting Romania is close to financial collapse or sovereign default.
