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LEU

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New Leu-Denominated Retail Loans Up 46% In July On Year-Ago Month
Banks-Insurance

New Leu-Denominated Retail Loans Up 46% In July On Year-Ago Month

Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion wort...

Loredana Frățilă-Cristescu · 02.09.2015 · 09:15 · 2 min
New Leu Loan Sales Beat Pre-Crisis Record In June
Banks-Insurance

New Leu Loan Sales Beat Pre-Crisis Record In June

New leu loans taken out by individuals and companies hit a record high of 5.4 billion lei (EUR1.22 billion) in June, 50% higher than in the year-ago month, and RON100 million higher than the...

Loredana Frățilă-Cristescu · 30.07.2015 · 00:00 · 1 min
Leu Falls Vs Euro, US Dollar Amid Greek Debt Crisis
Capital Market

Leu Falls Vs Euro, US Dollar Amid Greek Debt Crisis

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro fell 0.79% to 4.4931 units, from 4.4577 units Friday.

Gabriela Stan · 29.06.2015 · 14:04 · 1 min
Banks-Insurance

Major Banks Push Leu Deposit Interests To Less Than 1%

Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the...

Loredana Frățilă-Cristescu · 25.06.2015 · 11:42 · 1 min
Banks-Insurance

More Than Three Quarters Of New Loans Are Leu-Denominated

Banks granted new loans worth over 15 billion lei (almost EUR3.5 billion) in January-April, more than three quarters of which leu denominated, according to central bank data.

Loredana Frățilă-Cristescu · 08.06.2015 · 00:00 · 2 min
Leu Ends Higher Vs Euro, Trades Below 4.42 Units
Capital Market

Leu Ends Higher Vs Euro, Trades Below 4.42 Units

Romania’s leu appreciated slightly against the euro in late session Monday, trading below 4.42 units, amid low transferred volumes.

Ecaterina Craciun · 27.04.2015 · 17:14 · 1 min
Leu Slightly Down Vs Euro, Exchange Rate At 4.4202
Capital Market

Leu Slightly Down Vs Euro, Exchange Rate At 4.4202

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.4202 units, down 0.15% from 4.4136 the previous...

Gabriela Stan · 27.04.2015 · 13:38 · 1 min
Leu Opens Flat Vs Euro On Low Volumes
Capital Market

Leu Opens Flat Vs Euro On Low Volumes

Romania’s leu opened flat versus the euro in early session Monday, amid low volumes.

Gabriela Stan · 27.04.2015 · 11:00 · 1 min
Leu Inches Higher In Late Trade, Amid High Volumes
Capital Market

Leu Inches Higher In Late Trade, Amid High Volumes

Romania’s leu continued to gain slightly against the euro in late action Friday, trading at 4.42 units, amid high volumes.

Ecaterina Craciun · 24.04.2015 · 17:47 · 1 min