ANALYSIS: The depreciation of the leu can put significant pressure on the rental costs

In a volatile context generated by the Covid-19 epidemic, the local real estate market could be affected this year by the potential depreciation of the Romanian national currency. The depreciation has been minor so far in Romania, of a bit above 1 percent against the euro in the last couple of months, compared to other countries in the region, like Poland, Czech Republic or Hungary, where national currencies are up to 10 percent weaker against the ...

Developed by Codecraftsman