EURO
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Capital Market
Leu Opens Stronger Vs Euro, Amid Pre-Easter Trading
The Romanian leu opened Friday slightly stronger against the euro, on very low traded volumes, as investors prepare for the Easter holidays.
Macroeconomics
Romania Foregoes 2015 Deadline For Euro Adoption
Romania gave up its self-imposed 2015 deadline for the euro adoption, saying the country will not be able to join the European Exchange Rate Mechanism (ERM-II) before 2013-2014, according to...
Capital Market
Leu Dips Vs Euro In Quiet Market
Romania’s leu edged lower against the euro in late trade Wednesday and closed slightly weaker on the day at 4.088/4.09 units, amid a quiet market.
Macroeconomics
Romania Contemplates Postponing Euro Adoption Until 2016/2017
Romanian authorities consider adopting the European single currency with a delay of one to two years to allow for a better fiscal consolidation, according to a government document.