Romania Spent €1 Billion to Defend Currency in March Global Rout

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Bloomberg Markets 3 days ago • bloomberg.com

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 kn…

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