Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.
More Quotes by Traian Basescu
When I was the captain of a ship I never failed to bring my ship to port and I won't fail to bring Romania to safe harbor. The belief that the president no longer represents the people is false.
I am elected by the people of Bucharest, not the dogs.
I ask you to stand by my side in the next five years. We shall live a good life in a Romania of all Romanians.
I assure you I will not miss the chance to show you that you were right when you voted for me.
I never promised you a rose garden.
There is no such thing as several Romanias, but only politicians who divide Romania depending on the interests of their parties and their clout.