LEU
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Leu Down Vs Euro In Early Trade, Immune To 1Q GDP Data
Romania’s leu weakened against the euro in early trade Wednesday, unaffected by positive data that showed the economy expanded at a slightly faster pace than initially estimated in the first...
Leu Falls Vs Euro, Unlike Peers
The leu retreated versus the euro Tuesday, pushed down by stop-loss orders from non-residents, and closed 0.4% weaker on the day at 4.1545/4.1555 units.
Isarescu: Who Had Cash To Buy 1 Bln Euros?
Governor Mugur Isarescu questioned the accuracy of ING Bank’s calculations which indicate the central bank has sold EUR1 billion in May to keep the exchange rate stable.
Leu’s Exchange Rate Falls To 2-½ Month Low At 4.1554 Vs Euro
Romania’s leu edged lower against the euro in mid trade Tuesday, unlike its peers in the region, and the central bank’s reference weakened 0.5% to 4.1544 units, the lowest rate in two and a...
Leu Opens Flat Vs Euro, Weakens In Early Trade
The Romanian leu opened unnoticeably stronger against the euro Tuesday, but weakened later, out of sync with other currencies in the region, as foreign players focused on buying euro.
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened modestly against the euro Monday and closed near 4.14 units, amid a quiet market.
Leu Down Vs Euro, Exchange Rate At 4.1344
Romania’s leu lost early gains versus the euro in mid trade Monday and the central bank’s reference weakened slightly to 4.1344 units, from 4.1298 units in the previous session.
Leu Opens Up Vs Euro, Volumes Stay Down
Romania’s leu edged higher against the euro in early trade Monday, tracking the currencies in the region, whereas volumes remained low.
Citi: Leu Propped Up By Financial Investments
The inflows of foreign capital on the Romanian market that led to the recent appreciation of the leu are the result of some financial investments based on yield and risk assessments compared...