Deutsche Bank recommended investors to sell euros and buy lei

Deutsche Bank recommended investors to sell euros and buy lei, and estimated that the rate of the leu will reach the amount of 4 lei per euro within three months, police Realitatea TV.

Today’s rate, according to the National Bank is 4.229 lei per euro.

Germany’s Bank estimates that the Romanian currency must be supported by improving economic fundamentals and the potential support of the central bank.

Experts said the Deutsche Bank, the leu has been the most stable currency in the eastern part of the European Union, which has experienced the minimum rate fluctuations around 4.2 lei for one euro from March, when Romania has negotiated a loan of nearly 20 billion euros from the International Monetary Fund and other financial institutions.

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Finance