LEU
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Romanian Businesspeople Expect The Leu's Depreciation To Bring Higher Prices, Lower Consumption
The Romanian leu's depreciation will raise the prices of imported products like food and clothing, as well as the cost of trips abroad, driving consumption down and possibly resulting in lay...
Leu Slumps To Fresh Low Of 4.5142 Vs Euro On Political Worries
An escalating political battle between Romanian Prime Minister Victor Ponta and President Traian Basescu, which may culminate with the latter’s impeachment in parliament later Friday, have p...
Leu Falls To New Lows Vs Euro Ahead Of Parliament Vote
Romania’s leu fell to its lowest level on the local interbank market Friday morning, trading at 4.505 per euro amid mounting political pressures as the parliament is expected to vote on whet...
Leu Continues To Fall Vs Euro As Political Pressure Increases
Romania’s leu continued to fall against the euro and hit a low of 4.49 units in late session Thursday, amid mounting political pressures after the government moved to impeach President Traia...
ING: Political Games In Romania Serious Enough To Shake The Leu
Romania’s leu is generally rather unfazed by the political games at home, but the recent grab for power by the ruling socialist-liberal coalition is turning into a serious threat to the usua...
Leu Exchange Rate Hits New Record Low Of 4.4796 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to a fresh historic low of 4.4796 units, as investors wait for a parliament vote on Pres...
Romanian Leu Opens Down Vs Euro, In Quiet Market
Romanian leu opened slightly down against the euro in Thursday trade, in a quiet market and amid low traded volumes, with investors expecting Parliament decision on Friday regarding presiden...
Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest
The Romanian leu’s depreciation against the euro is influenced by external factors rather than the political tensions at home, Finance Minister Florin Georgescu said Wednesday, adding that t...
Leu Ends Down Vs Euro In Choppy Trade
Romania’s leu closed 0.5% lower on the day at 4.4735/4.4755 per euro after a nervous session amid growing tensions following the startof Parliament proceedings for President Traian Basescu's...