As you can see on the monthly chart, the romanian currency RON, hit the new all time high. Despide the country”s GDP growth and salary increases, the currency is only going down. The corrupt government dose”t move a stick to stop this outrageous depreciation.
Why is it that outrageous? The corrupt governments of US, Japan and China have been playing the depreciation game for decades. Even the reference of corruption, namely Germany, does the same thing by means of Euro, the currency of Greece and Portugal.