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ING: Leu May Push Through 5.00 Vs Euro By Year-end
Capital Market

ING: Leu May Push Through 5.00 Vs Euro By Year-end

Romania’s leu is likely to weaken to 4.85 to the euro in the next months and may even push through the psychological threshold of 5.00 against the European common currency by year-end due to...

Florentina Dragu · 07.08.2012 · 14:06 · 1 min
Capital Market

Leu Gains 1.4% Vs Euro On Suspected Ctrl Bank Intervention

Romania’s leu climbed against the euro Monday and closed 1.4% stronger on the day, with dealers suspecting covert interventions from the central bank to support the currency.

Florentina Dragu · 06.08.2012 · 17:29 · 1 min
Leu Ends Lower Vs Euro But Recovers Some Ground
Capital Market

Leu Ends Lower Vs Euro But Recovers Some Ground

Romania’s leu reversed part of its earlier losses against the euro in late trade Friday, but closed slightly weaker on the day, immune to a positive sentiment in the region following strong...

Florentina Dragu · 03.08.2012 · 17:15 · 1 min
Leu Headed To New Lows Vs Euro As Political Crisis Deepens
Capital Market

Leu Headed To New Lows Vs Euro As Political Crisis Deepens

Romania’s leu opened slightly higher against the euro Friday, but started to make its way down to a recently-hit record low of 4.65 to the euro as investors turn away from the currency follo...

Florentina Dragu · 03.08.2012 · 10:36 · 1 min
Capital Market

Leu Opens Down Vs Euro In Quiet Trade

The Romanian leu opened down against the euro Thursday, pushed by higher demand for foreign currency, but investors' interest remains low.

Florentina Dragu · 02.08.2012 · 10:45 · 1 min
Leu Exchange Rate Seen Towards 4.6 Vs Euro By Yearend
Banks-Insurance

Leu Exchange Rate Seen Towards 4.6 Vs Euro By Yearend

The difficult time the leu has had over the last few weeks is not over yet despite expectations of stabilization after the vote on the referendum to impeach the president.

Radu Bostan · 02.08.2012 · 00:00 · 2 min
Leu Ends Lower Vs Euro As Forex Demand Rises
Capital Market

Leu Ends Lower Vs Euro As Forex Demand Rises

Romania’s leu widened its earlier loss against the euro in late trade Wednesday, amid increased demand for foreign currency, and closed 0.2% weaker on the day at 4.59/4.604 to the European c...

Florentina Dragu · 01.08.2012 · 17:28 · 1 min
Leu Loses Ground Vs Euro In Early Trade
Capital Market

Leu Loses Ground Vs Euro In Early Trade

Romania’s leu inched lower against the euro Wednesday, nearing 4.59 units amid low traded volumes.

Manuela Panescu · 01.08.2012 · 10:44 · 1 min
Leu Closes Down Vs Euro On High FX Demand
Capital Market

Leu Closes Down Vs Euro On High FX Demand

Romania’s leu weakened against the euro Tuesday, amid increased demand for foreign currency, and closed at 4.58/4.582 units, from 4.565/4.567 units a day earlier.

Florentina Dragu · 31.07.2012 · 17:44 · 1 min