During the last 3 months the majority of emergent economies around the world crashed. Have you thought why Romania was not affected at all?
During the beginning of summer, the US Federal Reserve was expected to gradually decrease its “ultra – easy” monetary policy of investing 85 billion dollars per month in bonds. As a result to this expectation, in July we witnessed the economies of India, Turkey, Brazil and many other emergent countries becoming abandoned by international investors. ..Read more