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 i
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Nationality: Romanian Type: Politician Born: November 4, 1951 |
“I think everything should be in verse. 'The New York Times' should be in verse.”
“The dinosaur's eloquent lesson is that if some bigness is good, an overabundance of bigness is not necessarily better.”