LEU
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Romanian Leu Loses Ground Vs Euro, Dollar And Swiss Franc
The Romanian leu lost ground versus the main three foreign currencies, the euro, the dollar and the Swiss franc by midday Thursday.
Romanian Leu Drops To 2-Month Low Of 4.5 Vs Euro
The Romanian leu lost ground versus the euro in early trade Thursday, trading at 4.5 units, the lowest rate since February, while analysts expect a further depreciation of the local currency...
Leu Mortgage Lending Doubles In One Year
The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped...
February New Leu-Denominated Consumer Loan Sales Back To 2008 Levels
Banks sold 1.4 billion lei (EUR313.4 million) worth of new leu-denominated consumer loans in February, almost double as much as in the year-ago month, Romania’s central bank data show.
Leu-Denominated Consumer Loans At Six-Year High
Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level s...
February, One Of Leu’s Best Months In Years
The Romanian currency has gained 1.5% against the euro since the beginning of the year going from 4.52 points to one euro to 4.45, which makes it one of the top three currencies in the regio...
Leu’s Exchange Rate Breaks Below 4.5 Per Euro For First Time This Year
The Romanian leu gained ground versus the euro by midday Monday and the central bank’s reference rose 0.56% to 4.4763 units, breaking below 4.5 units per euro for the first time since mid-De...
Leu Stable And Likely To Gain Ground On Euro In 2016
The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volat...
Isarescu: Leu May Remain Stable If Romania Avoids Domestic Imbalances
There are conditions for the Romanian leu to remain stable versus the euro this year as well if the country avoids domestic macroeconomic imbalances, which could aggravate the impact of exte...