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EXCHANGE RATE

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Leu In Ranges Vs Euro, Exchange Rate At 4.5362
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.5362

Romania’s leu traded near 4.54 against the euro by midday Thursday, while the exchange rate advanced modestly to 4.5362 units, from 4.5364 units a day earlier.

Florentina Dragu · 09.08.2012 · 13:23 · 1 min
Leu Rises For Third Day, Hits New 3 ½-Week High Of 4.5364
Capital Market

Leu Rises For Third Day, Hits New 3 ½-Week High Of 4.5364

Romania’s leu rose for a third straight day against the euro Wednesday, with the exchange rate touching a new three and a half weeks high of 4.5364 units, from 4.5378 units a day earlier.

Florentina Dragu · 08.08.2012 · 13:28 · 1 min
Leu Exchange Rate Hits 3 ½ Weeks High Of 4.5378 Vs Euro
Capital Market

Leu Exchange Rate Hits 3 ½ Weeks High Of 4.5378 Vs Euro

Romania’s leu extended its earlier gains versus the euro by midday Tuesday, supported by foreign currency sales from the central bank, and the exchange rate won 0.8% on the day to 4.5378 uni...

Florentina Dragu · 07.08.2012 · 13:33 · 1 min
Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs
Banks-Insurance

Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but...

Radu Bostan · 07.08.2012 · 00:00 · 2 min
Leu’s Exchange Rate Strengthens To 4.574 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens To 4.574 Vs Euro

Romania’s leu gained substantially versus the euro by midday Monday, helped by suspected covert interventions from the central bank, and the exchange rate strengthened 1.6% to 4.574 units, f...

Florentina Dragu · 06.08.2012 · 13:33 · 1 min
Leu Hits Fresh Record Low Of 4.6481 Vs Euro
Capital Market

Leu Hits Fresh Record Low Of 4.6481 Vs Euro

Romania’s leu continued its retreat against the euro in mid trade Friday, despite covert interventions from the central bank, and the exchange rate weakened 0.8% on the day to 4.6481 units,...

Florentina Dragu · 03.08.2012 · 13:30 · 1 min
BNR: Foreigners Sold Billions In Romanian Treasuries
Banks-Insurance

BNR: Foreigners Sold Billions In Romanian Treasuries

Romanian central bank governor Mugur Isarescu Thursday said foreign investors have sold government paper worth several billions of lei in the past months, which influenced the leu’s exchange...

Florentina Dragu · 02.08.2012 · 18:16 · 1 min
Leu Exchange Rate Falls To 4.6097 Vs Euro
Capital Market

Leu Exchange Rate Falls To 4.6097 Vs Euro

Romania’s leu traded above 4.6 against the euro by midday Thursday and the exchange rate weakened almost 0.5% to 4.6097 units, from 4.5885 units a day earlier.

Florentina Dragu · 02.08.2012 · 13:20 · 1 min
Leu Exchange Rate Seen Towards 4.6 Vs Euro By Yearend
Banks-Insurance

Leu Exchange Rate Seen Towards 4.6 Vs Euro By Yearend

The difficult time the leu has had over the last few weeks is not over yet despite expectations of stabilization after the vote on the referendum to impeach the president.

Radu Bostan · 02.08.2012 · 00:00 · 2 min