"Even the National Bank of Romania doesn't have……" — Traian Basescu

"Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions."

Traian Basescu

14 Quotes by Traian Basescu

Traian Basescu has 14 quotes on this site. A few more worth reading:

See all 14 quotes by Traian Basescu »

More Acceptable Quotes

This quote is filed under Acceptable Quotes, one of 528 quotes in that category. Here are a few more:

See all 528 Acceptable Quotes »