EXCHANGE RATE
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Leu Depreciation Could Benefit Local Currency Lending And Exports, But Strikes At Trust And Inflation
The leu's depreciation towards 4.4 against the euro could support the strategy recently adopted by Romania's central bank to encourage lending in lei, and could amount to a breath of fresh a...
Leu In Ranges Vs Euro, Exchange Rate At 4.378
Romania’s leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference gained modestly to 4.378 units, from an all-time low of 4.3794 units a day earlier.
Leu Exchange Rate Hits New All-Time Low Of 4.3794 Vs Euro
Romania’s leu edged lower against the euro by midday Monday, but the central bank’s reference weakened to a new record low of 4.3794 units, from 4.3783 units Friday.
Leu Exchange Rate Falls To Record Low Of 4.3783 Vs Euro
The leu continued to weaken against the euro midday Friday, and the central bank's reference was set at 4.3783 units, a new historic low.
Leu Exchange Rate Falls To 21-Month Low Of 4.3672 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to 4.3672 units, the lowest rate in the past 21 months.
Leu In Ranges Vs Euro, Exchange Rate At 4.3608
Romania’s leu traded near 4.36 per euro by midday Wednesday and the central bank’s reference lost a meager 0.08% on the day to 4.3608 units, from 4.3575 units Tuesday.
Leu Exchange Rate Weakens Slightly To 4.3575 Vs Euro
Romania’s leu traded below 4.36 per euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3575 units, from 4.3558 units a day earlier.
Leu Weakens Modestly Vs Euro In Quiet Market
Romania’s leu edged lower against the euro in late trade Monday and closed at 4.357/4.358 units, amid low volumes.
Leu Exchange Rate Dips To 4.3558 Vs Euro
Romania’s leu was stable against the euro by midday Monday and the central bank’s reference weakened modestly to 4.3558 units, from 4.3545 units in the previous session.