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Trade Balance

2020-02-10 15:00
RON
  • -1.491
  • --
  • -1.768
The Trade Balance released by the National Institute of Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the RON. If a steady demand in exchange for Romanian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the RON.

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