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EXCHANGE RATE

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Tax or Depreciation? Leu/Euro Exchange Rate Casualty of War Between Banks and Finance Ministry
Banks-Insurance

Tax or Depreciation? Leu/Euro Exchange Rate Casualty of War Between Banks and Finance Ministry

The business sector in Romania is tensely waiting to see how the leu/euro exchange rate will go, after an exchange of harsh messages between the Finance Ministry and Romania’s central bank a...

Loredana Frățilă-Cristescu · 28.01.2019 · 09:40 · 2 min
Leu Hits New Low Of 4.7648 Vs Euro
Macroeconomics

Leu Hits New Low Of 4.7648 Vs Euro

The Romanian leu hit a new low of 4.7648 units against the euro on Friday, losing 0.17% on the day from 4.7569 units per euro on Wednesday, after two weeks of continued decline.

Ecaterina Craciun · 25.01.2019 · 14:50 · 1 min
Romanian Leu Tumbles to 4.7569 Units Vs Euro After Week of Losses
Banks-Insurance

Romanian Leu Tumbles to 4.7569 Units Vs Euro After Week of Losses

The Romanian leu hit a new low of 4.7569 units against the euro Wednesday, losing 0.91% on the day, after seven consecutive days of hitting low after low.

Oana Gavrila · 23.01.2019 · 14:43 · 1 min
Unicredit: Romania GDP Growth To Moderate At Just 3.9% In 2018; Inflation May Fall To 4.1% End-2018
Macroeconomics

Unicredit: Romania GDP Growth To Moderate At Just 3.9% In 2018; Inflation May Fall To 4.1% End-2018

Romania’s economic growth will moderate at just 3.9% in 2018, from 6.9% in 2017, a trend that will also be kept in 2019, while the inflation rate probably peaked at 5.6% in June and will shr...

Ecaterina Craciun · 10.07.2018 · 17:05 · 2 min
Leu Touches Four-Month High Of 4.6289 Vs Euro
Banks-Insurance

Leu Touches Four-Month High Of 4.6289 Vs Euro

The Romanian leu appreciated against the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.6289, the highest level since January 15, 2018, when it...

Ecaterina Craciun · 14.05.2018 · 14:37 · 1 min
Leu Hits New All-Time Low At 4.6679 Vs Euro For Third Day In A Row
Banks-Insurance

Leu Hits New All-Time Low At 4.6679 Vs Euro For Third Day In A Row

The Romanian leu on Tuesday dropped to a new all-time low against the euro, for the third consecutive day, as the central bank average reference rate stood at 4.6679 lei to the European curr...

Ecaterina Craciun · 23.01.2018 · 13:33 · 1 min
Leu Hits New All-Time Low At 4.6656 Vs Euro
Banks-Insurance

Leu Hits New All-Time Low At 4.6656 Vs Euro

The Romanian leu on Monday fell to a new all-time low against the euro, as the central bank average reference rate stood at 4.6656 lei to the European currency.

Ecaterina Craciun · 22.01.2018 · 14:33 · 1 min
Leu Touches New All-Time Low At 4.6614 Vs Euro
Banks-Insurance

Leu Touches New All-Time Low At 4.6614 Vs Euro

The Romanian leu on Friday dropped to a new all-time low against the euro, as the central bank average reference rate stood at 4.6614 lei to the European currency.

Ecaterina Craciun · 19.01.2018 · 14:01 · 1 min
Leu Falls To New All-Time Low At 4.6597 Vs Euro
Banks-Insurance

Leu Falls To New All-Time Low At 4.6597 Vs Euro

The Romanian leu on Friday dropped to an all-time low against the euro, as the central bank average reference rate stood at 4.6597 lei to the European currency.

Ecaterina Craciun · 29.12.2017 · 13:56 · 1 min