3 ms·
Wasn't the lev pinned to euro for years, at the stable rate of 1 lev = 0.5 euro? Why the switching to euro would affect inflation much?
by nine_k 1y ago
Wasn't the lev pinned to euro for years, at the stable rate of 1 lev = 0.5 euro? Why the switching to euro would affect inflation much?
- decimalenough 1y agoIt's pinned at 1.95583 to the euro, not 2. If a merchant has a product that sells for 2 lev today, and they sell it for 1 euro tomorrow, they just increased the price by a bit over 2%.
- avtolik 1y agoNo, in your example this will be a reduction of the price.