EXCHANGE RATE
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Leu Exchange Rate Weakens To 4.5885 Vs Euro
Romania’s leu traded near 4.59 per euro by midday Wednesday and the central bank’s reference weakened to 4.5885 units, from 4.5694 units a day earlier.
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.5694
Romania’s leu reversed earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened to 4.5694 units, from a two-week high of 4.5558 units a day earlier.
Leu Exchange Rate Hits 2-Week High Vs Euro, Investors Pare Short Positions
Romania’s leu climbed against the euro Monday as investors cut back their bets the national currency would continue its decline following weeks of political instability, and the central bank...
Leu Rises Vs Euro, Exchange Rate At 4.6118
The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day.
Political Uncertainty Sends Leu Lower Vs Euro Despite Positive Mood In Region
Romania’s leu weakened slightly against the euro in quiet trade Thursday ahead of a key referendum due July 29 on whether suspended president Traian Basescu will be able to keep his office.
Leu Down Vs Euro, Exchange Rate At 4.6205
Romania’s leu inched lower against the euro by midday Thursday and the central bank’s reference weakened to 4.6205 units, from 4.6186 units a day earlier.
Leu Recovers From Record Lows Vs Euro, Dollar
Romania’s leu took a breather Wednesday following three consecutive days of steep depreciation and the central bank’s reference rate strengthened 0.4% to 4.6186 units, from an all-time low o...
Leu Depreciation Erodes Profits Of Listed Companies
Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ r...
Burden Of Euro Loans Becomes Unbearable For The New Exchange Rate Level
Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population...