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Leu Gains 0.9% Vs Euro On Higher Volumes
Capital Market

Leu Gains 0.9% Vs Euro On Higher Volumes

Romania’s leu lost part of its earlier gains versus the euro in late trade Monday, but closed almost 0.9% stronger on the day, amid rising volumes after investors pared short positions.

Florentina Dragu · 30.07.2012 · 17:19 · 1 min
Leu Slightly Higher Vs Euro In Early Action
Capital Market

Leu Slightly Higher Vs Euro In Early Action

Romania’s leu inched higher against the euro in a quiet market Monday and traded near 4.6 to the euro, amid low volumes.

Florentina Dragu · 30.07.2012 · 10:34 · 1 min
Leu Ends Up Vs Euro In Quiet Market
Capital Market

Leu Ends Up Vs Euro In Quiet Market

Romania’s leu closed stronger against the euro Friday, at 4.6050/4.6070 units, trading within a narrow range throughout the day and amid low traded values.

Manuela Panescu · 27.07.2012 · 17:49 · 1 min
Leu Rises Vs Euro, Exchange Rate At 4.6118
Capital Market

Leu Rises Vs Euro, Exchange Rate At 4.6118

The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day.

Bogdan Neagu · 27.07.2012 · 13:08 · 1 min
Capital Market

Leu Ends Up Vs Euro, In Line With Neighbors

Romania’s leu strengthened against the euro Wednesday and closed at 4.6135/4.6165 units on profit-taking and amid a positive sentiment in the region.

Florentina Dragu · 25.07.2012 · 17:38 · 1 min
Banks-Insurance

Burden Of Euro Loans Becomes Unbearable For The New Exchange Rate Level

Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population...

Radu Bostan · 25.07.2012 · 00:00 · 4 min
Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected
Capital Market

Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected

Romania’s leu returned below 4.63 per euro in late trade Tuesday, from a record low of 4.65 to the euro earlier, and closed 0.2% stronger on the day, with dealers suspecting a covert interve...

Florentina Dragu · 24.07.2012 · 17:47 · 1 min
Leu Hits New Low Of 4.64 Vs Euro, Sheds 1% On Day
Capital Market

Leu Hits New Low Of 4.64 Vs Euro, Sheds 1% On Day

Romania’s leu continued its retreat against the euro in late action Monday and touched a fresh record low of 4.64 to the European common currency in the absence of a visible reaction from th...

Florentina Dragu · 23.07.2012 · 17:32 · 1 min
Romanian Leu Opens Almost Flat Vs Euro In Early Action
Banks-Insurance

Romanian Leu Opens Almost Flat Vs Euro In Early Action

Romania’s leu opened almost flat against the euro Monday morning, hitting 4.596 units, amid lingering domestic political tensions.

Ioana Tudor · 23.07.2012 · 11:01 · 1 min