The leu might gain towards 4.33 in December 2014, according to a median forecast of the analysts’ association.
Interbank rates are seen falling slightly, following the central bank’s monetary policy easing. Last week, the central bank reduced its monetary policy rate by 50 basis points to 4.5%, in a larger-than-expected move, and signaled other cuts may follow. Now, the 3-month ROBOR (the offered rate on the interbank market) stands at 3.88% a year, and analysts expect it to reach 3.7% in December 2013, and 3.4% in the same month of 2014.
AAFBR expects the EURUSD to trade at around 1.3 in December, and at 1.25 a year later.