EURO
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Leu Weakens Vs Euro, On Sovereign Debt Worries
The Romanian leu weakened significantly against the euro in early trade Tuesday, in line with other currencies in the region, on fears that Italy might be sucked into the euro area sovereign...
Negritoiu, ING: Monetary Policy Is Like High Blood Pressure. It Doesn’t Hurt, But Can Kill You
The Romanian central bank (BNR) has long been talking about discouraging euro-denominated loans after letting them become dominant, but is not taking concrete steps to encourage the use of l...
Leu Falls Vs Euro On Negative Sentiment
Romania’s leu depreciated against the euro Monday, in line with the currencies in the region, and closed almost 0.6% weaker on the day at 4.234/4.235 units.
Leu Down Vs Euro In Early Trade, Attuned To Region
Romania’s leu edged down against the euro in early trade Monday, amid a negative sentiment in the region following fears that Italy’s massive public debt could add to the European crisis.
Leu Weakens Vs Euro, In Line With Neighbors
Romania’s leu weakened against the euro Friday, amid a negative sentiment in the region following worse-than-expected job data in the US.
Leu Closes Slightly Up Vs Euro In Quiet Market
Romania’s leu gained modestly versus the euro Thursday, tracking the currencies in the region, and closed 0.2% stronger on the day at 4.2025/4.204 units.
Leu Opens Stronger Vs Euro, On Reduced Activity
The Romanian leu opened Thursday slightly stronger against the euro, in line with other currencies in the region, but activity in the market was reduced.
Leu Opens Down Vs Euro, Attuned To Region
The Romanian leu edged lower against the euro Wednesday morning, amid a negative sentiment in the region after Moody’s cut Portugal’s rating to “junk,” warning the country may need more inte...
Leu Firms Vs Euro On Higher Volumes
Romania’s leu firmed against the euro Tuesday, unlike its peers in the region, and closed 0.4% higher at 4.178/4.1805 units, amid growing volumes.