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Central Bank Governor: We don't need a spectacular recovery

March 12, 2010

“We don't need a spectacular recovery”, Romanian Central Bank (BNR) Governor declared to Financial Times reporters, addressing the rather modest estimates regarding Romania's economic growth in 2010. According to the quoted newspaper, Isarescu tagged himself as “preoccupied” to not allow the national currency – the leu – appreciate too much in order to affect exports – the future economic growth engine.

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