EXCHANGE RATE
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Leu Drops To Fresh Lows Vs Euro, Dollar For Third Straight Day
Romania’s leu weakened to new lows against both the euro and the US dollar for the third consecutive day Tuesday, with investors turning away from the risky eastern European currency ahead o...
Exchange Rate Won’t Listen To Finance Minister. Will It Listen To The Central Bank Governor?
Romanian leu exceeded 4.6 units against the euro on Monday despite assurances by finance minister Florin Georgescu that the exchange rate will not go over the 4.5 unit threshold.
Leu Continues Fall To Lows Vs Euro, Greenback
Romania’s leu dropped to new historic lows against both the euro and the US dollar for a second straight session Monday, with the exchange rates reaching 4.6009 per euro and 3.7999 per dolla...
Leu Hits Fresh All-Time Low Of 4.5848 Vs Euro
Romania’s leu lost earlier gains versus the euro in mid-trade Friday and the exchange rate fell to a new record low of 4.5848 units, from 4.5638 units a day earlier.
Change Of Direction In BNR’s Policy?
BNR is keeping interests low and lets the leu constantly depreciate, as recommended by the International Monetary Fund.
Leu In Ranges Vs Euro, Exchange Rate At 4.5638
Romania’s leu moved in narrow ranges against the euro by midday Thursday and the exchange rate strengthened slightly to 4.5638 units, from 4.5647 units a day earlier.
Leu’s Exchange Rate Strengthens Slightly To 4.5647 Vs Euro
Romania’s leu edged lower against the euro in mid-trade Wednesday, but the central bank’s reference advanced modestly to 4.5647 units, from an all-time low of 4.5651 units a day earlier.
Leu Cuts Losses Vs Dollar, Falls To New Low Of 4.5651 Vs Euro
Romania’s leu widened earlier losses against the euro by midday Tuesday and the exchange rate weakened for a third straight session to a new record low of 4.5651 units, from 4.5571 units a d...
Leu Hits Fresh Record Lows Vs Euro, US Dollar
Romania’s leu edged higher against the euro by midday Monday, with dealers suspecting covert interventions from the central bank, but the exchange rate continued to weaken and fell to a new...