EXCHANGE RATE
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Leu Exchange Rate Falls To New Lows Vs Euro, Greenback
The Romanian leu weakened against the major foreign currencies by midday Friday and the central bank’s fixings fell to new record lows against both the euro and the greenback, amid increased...
Leu Widens Loss Vs Euro, Exchange Rate At 4.5252
Romania’s leu continued to retreat against the euro by midday Thursday and the central bank’s reference weakened to 4.5252 units, from 4.5237 units a day earlier.
Leu Loses Edge Vs Euro, Exchange Rate At 4.5237
Romania’s leu lost its earlier gains versus the euro by midday Wednesday and the central bank’s reference weakened to 4.5237 units, close to an all-time low of 4.5275 units reached Monday.
Leu Exchange Rate Hits New Low Of 4.5275 Vs Euro
Romanian leu’s exchange rate fell to new historic lows versus the euro and the US dollar Monday, in the first local session after President Traian Basescu was suspended in parliament.
While Politicians Continue Their Fight, The Economy Takes Losses
As politicians continue their battle that culminated on Friday night with the suspension of Traian Basescu as president of Romania, sending him to face a popular vote on whether to keep him...
Romanian Businesspeople Expect The Leu's Depreciation To Bring Higher Prices, Lower Consumption
The Romanian leu's depreciation will raise the prices of imported products like food and clothing, as well as the cost of trips abroad, driving consumption down and possibly resulting in lay...
Leu Slumps To Fresh Low Of 4.5142 Vs Euro On Political Worries
An escalating political battle between Romanian Prime Minister Victor Ponta and President Traian Basescu, which may culminate with the latter’s impeachment in parliament later Friday, have p...
Leu Continues To Fall Vs Euro As Political Pressure Increases
Romania’s leu continued to fall against the euro and hit a low of 4.49 units in late session Thursday, amid mounting political pressures after the government moved to impeach President Traia...
Leu Exchange Rate Hits New Record Low Of 4.4796 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to a fresh historic low of 4.4796 units, as investors wait for a parliament vote on Pres...