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ZF Bankers. Ionut Lianu, CEC Bank: We Still Believe that Although There Will Be Volatility, the Depreciation of the Lion Will Be, as Has Happened in the Past, Within the Interest Differential, Respectively Around 3-4% Annually.
The exchange rate has been one of the main stability anchors for inflation in recent years, but the recent adjustment of the lion comes at a time when the economy is slowing down, reducing the risk of currency depreciation becoming an additional inflationary pressure, explained Ionut Lianu, CFA, Officer-in-Chief Active Management and Passive, CEC Bank, at the ZF Bankers Summit 2026, which took place in June.
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The exchange rate has been one of the main stability anchors for inflation in recent years, but the recent adjustment of the lion comes at a time when the economy is slowing down, reducing the risk of currency depreciation becoming an additional inflationary pressure, explained Ionut Lianu, CFA, Officer-in-Chief Active Management and Passive, CEC Bank, at the ZF Bankers Summit 2026, which took place in June.