LEU
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Romania Starts 2016 With Lowest Leu Loan Cost Ever
The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per...
Leu Falls Vs Euro, Exchange Rate At 2-Year Low Of 4.5381
The Romanian leu lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.5381 units, down 0.27% from the previous day and the low...
Leu Loans Account For 75% Of New Loans In Jan-Oct
Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated lo...
Leu Drops To 11-Month Low Of 4.5025 Vs Euro
The Romanian leu lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5025 units, down 0.34% from 4.4873 the previous day and...
Leu-Denominated Loans Reach New All Time High
Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on...
New Leu-Denominated Consumer Loan Sales At Six-Year High In Jan-Sept
Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion high...
Leu Down Vs Euro, Exchange Rate Hits 4-Month Low Of 4.4462
The Romanian leu lost ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.4462 units, down 0.32% from 4.4318 the previous day an...
Romanian Leu Weakens Versus Euro Amid PM Resignation
Romanian leu weakened versus the euro Wednesday amid uncertainties following the resignation of Romanian Prime Minster Victor Ponta.
ING: Political Noise, Such As PM Indictment, Has Low Impact On Romanian Leu
Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central b...