LEU
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Capital Economics: Leu Could Weaken Further As Political Upheaval Likely To Continue
The apparent survival of Romania’s suspended president Traian Basescu in Sunday’s referendum could throw the country deeper into political turmoil, most likely pushing the leu to new record...
Leu Exchange Rate Hits 2-Week High Vs Euro, Investors Pare Short Positions
Romania’s leu climbed against the euro Monday as investors cut back their bets the national currency would continue its decline following weeks of political instability, and the central bank...
Leu Slightly Higher Vs Euro In Early Action
Romania’s leu inched higher against the euro in a quiet market Monday and traded near 4.6 to the euro, amid low volumes.
Leu Ends Up Vs Euro In Quiet Market
Romania’s leu closed stronger against the euro Friday, at 4.6050/4.6070 units, trading within a narrow range throughout the day and amid low traded values.
Leu Rises Vs Euro, Exchange Rate At 4.6118
The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day.
Leu Opens Higher Vs Euro, Touches 4.60 Units
Romania’s leu opened higher versus the euro on Friday, and touched an early high at 4.60 units, in a quiet market on which the leu gains were bigger than the rest of foreign currencies.
Political Uncertainty Sends Leu Lower Vs Euro Despite Positive Mood In Region
Romania’s leu weakened slightly against the euro in quiet trade Thursday ahead of a key referendum due July 29 on whether suspended president Traian Basescu will be able to keep his office.
Leu Down Vs Euro, Exchange Rate At 4.6205
Romania’s leu inched lower against the euro by midday Thursday and the central bank’s reference weakened to 4.6205 units, from 4.6186 units a day earlier.
Leu Opens Down Vs Euro, In Low Volumes
Romania’s leu opened down versus the euro on Thursday, but it rapidly gained ground and set below 4.62 units, amid low volumes as the central bank does no longer intervene on the market.