Real Broad Effective Exchange Rate for Romania
RBROBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.63
Year-over-Year Change
2.65%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Romania measures the value of the Romanian leu against a trade-weighted basket of currencies, adjusting for inflation. It provides insight into Romania's international competitiveness and macroeconomic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Real Broad Effective Exchange Rate is an index that tracks the strength of the Romanian leu relative to a group of major trading partners. It accounts for inflation differences between Romania and its trading partners, offering a more accurate assessment of Romania's international purchasing power and trade dynamics.
Methodology
The data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts use this metric to gauge Romania's export and import competitiveness, which can inform decisions on monetary, fiscal, and trade policies.
Key Facts
- The base year for the index is 2010 = 100.
- A higher index value indicates the leu is appreciating in real terms.
- Romania is a member of the European Union but not the Eurozone.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Romania measures the inflation-adjusted, trade-weighted value of the Romanian leu against a basket of other currencies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Romania's international trade competitiveness and macroeconomic conditions, which is useful for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge Romania's export and import competitiveness, which can inform decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Romania (RBROBIS), retrieved from FRED.