Romania - Foreign Exchange Controls
Romania - Foreign Exchange Controls
Includes how foreign exchange is managed and implications for U.S. business
Last Published: 7/25/2019Romania has no foreign exchange restrictions. The local currency, the ROmanian New LEU, (abbreviated RON) is fully convertible for business (current account) purposes, with a fully liberalized capital account, and a central bank applying a managed float to reduce currency fluctuations. Foreign investors may freely repatriate profits and dividends in hard currency. The exchange rate as of May 17th, 2019 was USD 1 = 4.2658 RON.
Key Link: www.bnr.ro
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
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