{"id":114331,"date":"2014-11-19T12:55:00","date_gmt":"2014-11-19T12:55:00","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=114331"},"modified":"2014-11-19T12:55:00","modified_gmt":"2014-11-19T12:55:00","slug":"isarescu-leul-sta-tolanit-in-intervalul-440-444-de-jumatate-de-ana-ignorat-si-campania-electorala","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=114331","title":{"rendered":"Is\u0103rescu: Leul st\u0103 tol\u0103nit \u00een intervalul 4,40-4,44 de jum\u0103tate de an,a ignorat \u015fi campania electoral\u0103"},"content":{"rendered":"<p>\n&#8220;Dup\u0103 un timp, publicul a v\u0103zut c\u0103 direc\u0163ia leului nu e numai \u00een sensul deprecierii, e \u015fi \u00een apreciere, st\u0103 tol\u0103nit leul \u00een intervalul 4,40-4,44 (lei\/euro \u2013 n.r.) de aproape jum\u0103tate de an, adic\u0103 mai pu\u0163in de 1%. Mai mi\u015fc\u0103 a\u015fa u\u015for din coad\u0103, dar sub 1%&#8221;, a afirmat Is\u0103rescu miercuri, \u00een deschiderea seminarului Colocvii de Politic\u0103 Monetar\u0103 organizat de banca central\u0103.<\/p>\n<p>\nGuvernatorul a ar\u0103tat c\u0103 leul &#8220;s-a tol\u0103nit&#8221; \u015fi mai tare din luna septembrie, ignor\u00e2nd total campania electoral\u0103 pentru pre\u015fedin\u0163ie, fa\u0163\u0103 de al\u0163i ani c\u00e2nd reac\u0163iona dup\u0103 declara\u0163ii politice.<\/p>\n<p>\n&#8220;<strong>G\u00e2ndi\u0163i-v\u0103 ce era anterior \u00eentr-un an electoral! Ignor\u0103 (leul &#8211; n.r.) total campania electoral\u0103, ba el s-a tol\u0103nit \u015fi mai tare din septembrie, dac\u0103 ne uit\u0103m la cifre, a devenit \u015fi mai lene\u015f, ca s\u0103 nu-l numesc altfel, s\u0103 nu-l jignesc.<\/strong> \u015ei bine\u00eenteles c\u0103 apare \u00eentrebarea \u00abDom\u2019ne, c\u00e2t mai dureaz\u0103 aceast\u0103 stare de &#8211; s\u0103 nu-i spun nesim\u0163ire, c\u0103-l jignesc &#8211; de insensibilitate, ignorare a scenei politice, unde au loc mi\u015fc\u0103ri, declara\u0163ii?\u00bb \u00cenainte, cu c\u00e2te declara\u0163ii s-au f\u0103cut \u00een campania electoral\u0103, st\u0103team cu ochii c\u00e2t cepele s\u0103-l vedem pe unde se duce, nimic!&#8221;, a spus Is\u0103rescu.<\/p>\n<p>\nEl a amintit c\u0103 \u00een urm\u0103 cu c\u00e2\u0163iva ani exista o asimetrie destul de mare \u00een rela\u0163ia dintre fluctua\u0163ia cursului de schimb \u015fi varia\u0163ia anumitor indici economici, o depreciere influen\u0163\u00e2nd infla\u0163ia destul de rapid, cu un impact dublu dec\u00e2t \u00een cazul aprecierii, \u00eens\u0103 \u00een ultima perioad\u0103 aceast\u0103 asimetrie s-a redus.<\/p>\n<p>\n&#8220;<strong>Am tot vorbit de o anumit\u0103 asimetrie \u00een aceast\u0103 rela\u0163ie, c\u00e2nd cursul se deprecia, transmisia asupra infla\u0163iei era extrem de rapid\u0103, c\u00e2nd se aprecia (&#8230;). Acum vreo \u015fapte ani calculam o asimetrie de 1 la 2, deci o depreciere era dubl\u0103 ca impact comparativ cu aprecierea, nu erau studii destul de ad\u00e2ncite atunci, erau mai degrab\u0103 empirice. Analiza spune c\u0103 asimetria s-a diminuat<\/strong>&#8220;, a spus Is\u0103rescu.<\/p>\n<p>\nAstfel, &#8220;lumea&#8221; scap\u0103 de temerea deprecierii &#8220;dup\u0103 luni \u015fi luni de zile&#8221;, iar domina\u0163ia cursului se diminueaz\u0103.<\/p>\n<p>\nIs\u0103rescu a avut cuv\u00e2ntul de deschidere a unui colocviu de politic\u0103 monetar\u0103 organizat de BNR, \u00een care au fost prezentate trei studii privind rela\u0163ia pie\u0163e financiare &#8211; PIB, impactul pre\u0163urilor produselor din import \u00een infla\u0163ie \u015fi evolu\u0163ia rela\u0163iei \u015fomaj &#8211; infla\u0163ie \u00een condi\u0163iile crizei financiare.<\/p>\n<p>\n<strong>El a ar\u0103tat c\u0103 studiile prezentate vor ar\u0103ta mai mult\u0103 transparen\u0163\u0103 din partea b\u0103ncii centrale \u015fi c\u0103 politica monetar\u0103 nu se bazeaz\u0103 pe metode ascunse, ci pe analize \u015ftiin\u0163ifice bine documentate.<\/strong><\/p>\n<p>\n\u015eeful BNR recunoa\u015fte c\u0103 politica monetar\u0103 are o problem\u0103 de credibilitate, ceea ce ar explica \u015fi faptul c\u0103 mult\u0103 lume ignor\u0103 performan\u0163a Rom\u00e2niei de a fi singura \u0163ar\u0103 care a \u00eendeplinit toate cele cinci criterii de la Maastricht.<\/p>\n<p>\nPe de alt\u0103 parte, guvernatorul a amintit \u015fi de faptul c\u0103 anali\u015ftii b\u0103ncilor care b\u0103nuiau banca central\u0103 de &#8220;politici monetare oculte&#8221; \u015fi comentau deciziile luate aveau, de fapt, \u015fi anumite interese proprii.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popula\u0163ia a sc\u0103pat treptat de teama deprecierii monedei na\u0163ionale, \u00eentruc\u00e2t leul &#8220;st\u0103 tol\u0103nit&#8221; \u00een intervalul 4,4-4,44 lei\/euro de aproape jum\u0103tate de an, f\u0103r\u0103 a \u00eenregistra fluctua\u0163ii nici m\u0103car \u00een campania electoral\u0103, cum se \u00eent\u00e2mpla \u00een al\u0163i ani, spune guvernatorul BNR, Mugur Is\u0103rescu.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[185,15139,8790],"class_list":["post-114331","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bnr","tag-curs-de-schimb","tag-politica-monetara"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/114331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114331"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/114331\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}