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Capital Market

Leu Opens Weaker On Commercial Demand For Euro

The Romanian leu weakened against the euro in early trade Monday, on higher commercial demand for hard currency in the market, but volumes were low.

Andrei Cîrchelan · 02.05.2011 · 11:13 · 1 min
Banks-Insurance

Leu Closes Slightly Up Vs Euro On Higher Volumes

Romania’s leu gained modestly versus the euro Friday and closed stronger on the day at 4.0755/4.0765 units, amid higher volumes.

Florentina Dragu · 29.04.2011 · 18:18 · 1 min
Macroeconomics

UPDATE: Romania Keeps 2015 Deadline For Euro Adoption

The Romanian government Friday decided to keep the year 2015 as the official deadline for euro adoption, participants in the executive’s meeting told MEDIAFAX.

Florentina Dragu · 29.04.2011 · 15:11 · 1 min
Capital Market

Leu Ends Down Vs Euro In Quiet Trade

Romania’s leu retreated modestly against the euro amid a quiet session Thursday and closed at 4.079/4.081 units, from 4.068/4.0695 units a day earlier.

Florentina Dragu · 28.04.2011 · 17:11 · 1 min
Basescu Says Romania Should Maintain Goal To Join Eurozone In 2015
Macroeconomics

Basescu Says Romania Should Maintain Goal To Join Eurozone In 2015

Romania should maintain its goal to adopt the euro in 2015, President Traian Basescu said Wednesday on national television TVR, adding he had talks on the subject with the prime minister and...

ZF English · 28.04.2011 · 11:40 · 1 min
Capital Market

Leu Slightly Up Vs Euro In Early Trade

Romania’s leu advanced modestly against the euro in early trade Thursday, tracking its peers in the region, after the US Federal Reserve said it would keep interest rates close to zero level...

Florentina Dragu · 28.04.2011 · 11:26 · 1 min
Capital Market

Leu Recovers Vs Euro Amid High Volumes

Romania’s leu reverted early losses against the euro in late trade Wednesday, aided by foreign currency sales and amid higher volumes.

Florentina Dragu · 27.04.2011 · 17:46 · 1 min
Capital Market

Leu Closes Higher Vs Euro, Attuned To Region

Romania’s leu strengthened against the euro Tuesday, tracking the currencies in the region, and closed 0.12% higher on the day at 4.073/4.075 units.

Florentina Dragu · 26.04.2011 · 17:16 · 1 min
Romania To Set New Euro Adoption Target By End-April - PM
Macroeconomics

Romania To Set New Euro Adoption Target By End-April - PM

Romania’s Government will decide on a new euro-adoption calendar by end-April, after talks with the president and the central bank, Prime Minister Emil Boc said Tuesday.

ZF English · 26.04.2011 · 12:08 · 1 min