Romania’s central bank spent an equivalent of more than €1 billion ($1.2 billion) in March to prevent the global market turmoil sparked by the Middle East conflict from weakening its currency, according to people with knowledge of the matter.
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Romania Spent €1 Billion to Defend Currency in March Global Rout
Romania’s central bank spent an equivalent of more than €1 billion ($1.2 billion) in March to prevent the global market turmoil sparked by the Middle East conflict from weakening its currency, according to people with…
