EXCHANGE
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Romania’s Central Bank Sets Reference Exchange Rate At RON5.3527/EUR On October 6
The euro reached a new all-time high against the leu on Tuesday (October 6), as Romania’s central bank published a reference exchange rate of RON5.3527 per euro, up from the RON5.3306 on Monday (October 5).
Romanian Leu Falls To All-Time Low Against Euro
The leu has lost ground lately, but still remained more stable than the Polish zloty, Hungarian forint and the Czech koruna.
Leu Down Vs Euro, Exchange Rate At 4.4212
The Romanian leu depreciated against the euro by midday Tuesday and the central bank’s reference lost 0.28% to 4.4212 units per euro, the lowest in almost three weeks.
Gas Producers, Distributors To Sell Part Of Output On Local Exchanges As Of July - ANRE
Natural gas producers and distributors will be forced by law to sell “minimum quantities” of their production on the local exchanges, such as commodities exchange BRM and OPCOM power exchang...
OPCOM Traded Value Almost Doubles In First Half
Romania’s OPCOM power exchange saw more than EUR650 million worth of electricity traded in the first half, 85% more than in the same time of last year. The amount of power sold and bought wa...
Romania To Set Up Natural Gas Exchange By 2013
Romanian authorities plan to set up a trading exchange in the natural gas market by January 2013, according to a memorandum signed with the International Monetary Fund.