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Leu Stabilizes At 4.42 Vs Euro; Central Bank Intervention Suspected
Romania’s leu has stabilized around 4.42 per euro in late trading Wednesday, with dealers suspecting sustained interventions from the central bank to prop the national currency.
Leu Continues Decline Vs Euro, Central Bank Decisions Eyed
The Romanian leu continued to fall to record lows versus the euro on Wednesday, after the local market was closed for a public holiday Tuesday and the local currency lost significant ground...
Leu Drops To 4.4165 Vs Euro Amid Political Uncertainty
Romania’s leu continued to weaken against the euro in late trade Monday, dropping to new record lows amid political uncertainty following the government’s collapse Friday.
Leu Opens Slightly Higher Vs Euro
The Romanian leu edged higher against the euro in early action Monday, recovering part of last session’s losses in the aftermath of the government’s collapse.
Leu Falls To Record Low Vs Euro Following Government Collapse
Romania’s leu fell to its weakest level ever, of 4.401 per euro, after the a no-confidence vote in parliament toppled the center-right government less than three months from endorsement.
Leu Falls Vs Euro As Government Faces Confidence Vote
The Romanian leu weakened against the euro in early trade Friday, on increased volumes, and dealers believe some players bet on a no-confidence vote against the Ungureanu Cabinet.
Leu Ends Lower Vs Euro, Attuned To Region
Romania’s leu weakened slightly against the euro Thursday, amid a negative sentiment in the region following disappointing US jobs data.
Leu Stays In Ranges Vs Euro In Early Trade
The Romanian leu opened slightly up against the euro Thursday, but lost earlier gains within the first hour of trading, in a quiet market.
Leu Gains Modestly Vs Euro On Positive Sentiment
Romania’s leu advanced versus the euro in late trade Wednesday, tracking the currencies in the region, and closed 0.1% higher on the day at 4.374/4.376 units.