Euro reaches a new historic high against the leu: 5.3527 RON. Analysts forecast 5.50 RON

The euro has reached a new all-time high against the leu, according to the official exchange rate announced by the National Bank of Romania: 5.3527 lei to the euro. This is the highest level ever recorded, and the figure remains close on the interbank market as well.

This development is beginning to raise concerns about the costs borne by Romanians, particularly in areas where prices or payments are directly tied to the euro.

What could become more expensive for families

A weaker leu against the euro can directly affect the budgets of those who have:

• rents set in euros, whose value in lei increases in line with the exchange rate;
• loans taken out in euros, for which the monthly repayment in lei may rise;
• expenditure on imported products or goods whose prices are calculated in euros.

The pressure on the exchange rate thus compounds the inflation already being felt across the economy, potentially contributing to further price increases.

How far could the euro go

According to financial analysts cited by Realitatea PLUS, recent developments suggest that the National Bank of Romania is no longer intervening as actively in the currency market to keep the exchange rate stable. In this context, the euro could continue to rise, with estimates indicating the possibility that the single currency could reach approximately 5.50 lei in the coming months, should pressure on the leu persist. The exact trajectory will depend on the broader economic situation and the National Bank of Romania's future decisions.

Important BNR meeting on Thursday, 8 October

The Board of Directors of the National Bank of Romania convenes on Thursday, 8 October, for a monetary policy meeting at which it will set the key interest rate. Board members are also expected to examine recent developments on the currency market, including the pressures that have driven the euro to this record level.