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 BasescuWe are the country that has attracted the biggest volume of foreign investment in southeastern Europe in the past few years. Romania doesn't need to beat itself, believing that it is a second-class citizen.
Traian BasescuMy suspension was a long-planned move... and was done to protect would-be convicts in Romanian politics.
Traian Basescu