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Capital Market

Leu Ends Flat Vs Euro On Higher Volumes

Romania’s leu traded near 4.523 per euro in late session Wednesday and closed roughly flat on the day, amid growing volumes.

Florentina Dragu · 11.07.2012 · 17:27 · 1 min
Capital Market

Leu Closes Up Vs Euro, Attuned To Region

Romania’s leu advanced slightly against the euro for a second straight day Tuesday, tracking its peers in the region, which appreciated after the finance ministers in the eurozone agreed on...

Florentina Dragu · 10.07.2012 · 17:05 · 1 min
Capital Market

Leu's Exchange Rate Gains Slightly To 4.5206 Vs Euro

Romania’s leu traded near 4.52 per euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.5206 units, from an all-time low of 4.52725 units a day earlier.

Florentina Dragu · 10.07.2012 · 13:16 · 1 min
Capital Market

Leu Slightly Up Vs Euro In Early Trade

Romania’s leu edged higher against the euro amid low volumes Tuesday morning, with dealers suspecting a covert intervention from the central bank to keep the national currency in check.

Florentina Dragu · 10.07.2012 · 10:33 · 1 min
Capital Market

Leu Ends Slightly Higher Vs Euro, But Political Uncertainties Persist

Romania’s leu lost part of its earlier gains versus the euro in late trade Monday, but closed slightly higher on the day, with investors worrying that the recent political tensions could end...

Florentina Dragu · 09.07.2012 · 17:12 · 1 min
Capital Market

Leu Loses Over 1% Vs Euro Amid Political Unrest

Romania’s leu continued to retreat against the euro Friday amid political uncertainty as lawmakers were expected to vote on whether to impeach President Traian Basescu over allegations that...

Florentina Dragu · 06.07.2012 · 18:02 · 1 min
Leu Falls To New Lows Vs Euro Ahead Of Parliament Vote
Capital Market

Leu Falls To New Lows Vs Euro Ahead Of Parliament Vote

Romania’s leu fell to its lowest level on the local interbank market Friday morning, trading at 4.505 per euro amid mounting political pressures as the parliament is expected to vote on whet...

Florentina Dragu · 06.07.2012 · 10:34 · 1 min
ING: Political Games In Romania Serious Enough To Shake The Leu
Capital Market

ING: Political Games In Romania Serious Enough To Shake The Leu

Romania’s leu is generally rather unfazed by the political games at home, but the recent grab for power by the ruling socialist-liberal coalition is turning into a serious threat to the usua...

Florentina Dragu · 05.07.2012 · 15:09 · 1 min
Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest
Banks-Insurance

Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest

The Romanian leu’s depreciation against the euro is influenced by external factors rather than the political tensions at home, Finance Minister Florin Georgescu said Wednesday, adding that t...

Florentina Dragu · 04.07.2012 · 17:14 · 1 min