EURO
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Should The Economy Adjust To An Exchange Rate Of RON4.5 Per Euro?
The depreciation of the Romanian leu is helping exporters and encourages lending in local currency, but it is also boosting non-performing loans and increases people’s fears, which will impa...
Leu Dips Vs Euro On Low Volumes
Romania’s leu weakened slightly against the euro amid low volumes Thursday and closed at 4.444/4.446 units, from 4.4385/4.44 units a day earlier.
ING: Romanian Leu To Trade At 4.5 Vs Euro In 2H
Romania’s leu will likely weaken to 4.5 against the euro in the second half of the year, according to estimations from ING Bank, which sees the national currency trading around that level in...
Leu Opens Up Vs Euro On Low Volumes
The Romanian leu strengthened against the euro in early trade Thursday, after several sessions in which it lost significant ground and the central bank's reference rate touched consecutive a...
Leu Recoups Vs Euro, In Line With Region
Romania’s leu recovered earlier losses against the euro in late trade Wednesday, tracking the currencies in the region, and closed modestly higher on the day at 4.4385/4.44 units.
Leu Exchange Rate Hits New Low Of 4.4463 Vs Euro
The Romanian central bank was in the market to prevent a too steep depreciation of the leu, but the reference rate weakened for the fourth day in a row to a fresh all-time low of 4.4463 to t...
Leu Falls To 4.45 Vs Euro, Central Bank Steps In
The Romanian leu fell against the euro in early trade Wednesday as negative sentiments persisted on international markets, and the central bank stepped in to prop the national currency, deal...
Leu Ends Slightly Higher Vs Euro, Unlike Neighbors
Romania’s leu traded near 4.44 per euro in late session Tuesday and closed slightly stronger on the day, with dealers suspecting the central bank has stepped in to support the national curre...
Leu In Free Fall: Exchange Rate Hits New Low Of 4.4411 Vs Euro
Romanian leu’s exchange rate fell for the third straight day to a fresh all-time low of 4.4411 against the euro, despite suspected interventions from the central bank to support the national...