EXCHANGE RATE
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Romanian Leu Hits All-Time Low At 4.6495 Vs Euro
The Romanian leu has continued its downward trend against the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at an all-time low of 4.6495 units.
Romanian Leu Hits Five-Year Low, Of 4.6198 Vs Euro, Amid Tensions Over Government Tax Plans
The Romanian leu depreciated against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.6198 units, the lowest level since July 2012, amid te...
UniCredit Bank Sees Central Bank Raising Key Rate, Leu Declining Next Year
Economic growth of more than 5% expected for this year hides rapidly growing fiscal imbalances and Romania could reach a budget deficit of 3.7% next year, UniCredit Bank analysts warned in a...
Raiffeisen Bank Analysts See Interbank Rates Topping 2%, Inflation at 4% Mid-2018
Raiffeisen Bank analysts estimate the three-month interbank interest rate ROBOR will exceed 2% mid-2018 and inflation will stand at 4%, the bank's chief economist Ionut Dumitru said Friday.
Romanian Leu Firms Slightly Against Euro, US Dollar
The Romanian leu firmed a bit Wednesday, to an average 4.5772 units against the euro calculated by the central bank at midday.
Romanian Leu Weakens Vs Euro to Lowest Level in Five Years
The Romanian leu on Wednesday reached the lowest level in five years against the euro, trading at an average exchange rate of 4.5991 lei to the euro.
BT: Euro/Leu Exchange Rate To Keep Growth Trend On Short And Medium Term; Inflation To Accelerate To 1.2% In 2017
The average euro/leu exchange rate will keep the growth trend on the short and medium term and could reach an average 4.56 to the euro in 2017, 4.58 versus euro in 2018 and 4.60 against the...
CFA Romania Analysts See Leu Weakening, Interest Rates Rising In Next 12 Months
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to weaken and leu interest rates to increase in the next 12 months.
Raiffeisen Sees Leu Strengthening Slightly Vs Euro
The Romanian leu will strengthen slightly against the euro, and the euro will remain stable against the US dollar, Raiffeisen Bank analysts estimate.