Romanians save more money in local currency than in FX

Individuals' deposits in the national currency RON increased by 1% in November over the previous month, amounting to more than RON 83 billion (EUR 18.5 billion), while those in foreign currencies went down by 0.4% to RON 50.3 billion (EUR 11.2 billion), according to data from the National Bank of Romania (BNR). Retail deposits in RON increased by 4.9% (3.6% in real terms) year-on-year in November, while those in foreign currencies went up by 2% ( by 2.4% if expressed in EUR). Corporate deposits in national currency increased by 2.5% in November compared with October, to RON 62.3 billion (EUR 13.9 billion). The corporate deposits in foreign currency expressed in RON increased by 3.3% (by 3.7% if expressed in EUR). Diana Mesesan, diana@romania-insider.com