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LEU

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Leu’s Exchange Rate Strengthens Slightly To 4.5647 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens Slightly To 4.5647 Vs Euro

Romania’s leu edged lower against the euro in mid-trade Wednesday, but the central bank’s reference advanced modestly to 4.5647 units, from an all-time low of 4.5651 units a day earlier.

Florentina Dragu · 18.07.2012 · 13:23 · 1 min
Retailer cora To Rely On Romanian Produce Suppliers More If Leu Continues Fall Against Euro
Retail&Consumer

Retailer cora To Rely On Romanian Produce Suppliers More If Leu Continues Fall Against Euro

Belgian-owned retailer cora Romania will rely more on local suppliers for produce if the Romanian leu continues its depreciation against the euro over the next six months, said company direc...

Oana Gavrila · 18.07.2012 · 12:35 · 1 min
Leu Opens Higher Vs Euro, At 4.55 Units
Capital Market

Leu Opens Higher Vs Euro, At 4.55 Units

Romania’s leu opened higher against the euro Wednesday morning, trading below 4.56 units, and amid low traded volumes of foreign currency.

Manuela Panescu · 18.07.2012 · 11:03 · 1 min
Leu Closes Slightly Up Vs Euro On Low Volumes
Capital Market

Leu Closes Slightly Up Vs Euro On Low Volumes

Romania’s leu rose slightly against the euro Tuesday and closed at 4.5645/4.5665 units, amid low volumes.

Florentina Dragu · 17.07.2012 · 17:18 · 1 min
Leu Cuts Losses Vs Dollar, Falls To New Low Of 4.5651 Vs Euro
Capital Market

Leu Cuts Losses Vs Dollar, Falls To New Low Of 4.5651 Vs Euro

Romania’s leu widened earlier losses against the euro by midday Tuesday and the exchange rate weakened for a third straight session to a new record low of 4.5651 units, from 4.5571 units a d...

Florentina Dragu · 17.07.2012 · 13:25 · 1 min
Leu Opens Lower Vs Euro, Close To 4.57 Units
Capital Market

Leu Opens Lower Vs Euro, Close To 4.57 Units

Romania’s leu opened lower against the euro Tuesday morning, up to 4.5695 units, similar to Friday’s historic low of 4.57.

Manuela Panescu · 17.07.2012 · 10:48 · 1 min
Leu Ends Flat Vs Euro On Low Volumes
Capital Market

Leu Ends Flat Vs Euro On Low Volumes

Romania’s leu closed flat against the euro amid low volumes Monday, despite the central bank’s fixings falling to new lows versus both the euro and the US dollar.

Florentina Dragu · 16.07.2012 · 17:16 · 1 min
Leu Hits Fresh Record Lows Vs Euro, US Dollar
Capital Market

Leu Hits Fresh Record Lows Vs Euro, US Dollar

Romania’s leu edged higher against the euro by midday Monday, with dealers suspecting covert interventions from the central bank, but the exchange rate continued to weaken and fell to a new...

Florentina Dragu · 16.07.2012 · 13:31 · 1 min
Georgescu: Leu Will Recover Once Political Situation Clarifies
Capital Market

Georgescu: Leu Will Recover Once Political Situation Clarifies

Romania’s leu is likely to return below 4.5 per euro once the political situation returns to normal and citizens have had their chance to vote on whether to dismiss president Traian Basescu...

Florentina Dragu · 16.07.2012 · 13:18 · 1 min