LEU
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AOAR: Romanian Leu Still Overvalued Vs Euro, Exports Affected
Romanian leu is still overvalued and its continuous appreciation versus the euro has a negative impact on exports and, implicitly, on economic recovery, the Romanian Businessmen Association...
Leu Opens Flat Vs Euro, Amid Dull Trading
The Romanian leu opened almost flat against the euro Wednesday, in sync with other currencies in the region, while volumes remained low and fluctuations minor.
Leu Dips Vs Euro On Higher FX Demand
The leu traded near 4.13 per euro in late session Tuesday, amid growing commercial demand, and closed slightly weaker on the day at 4.1285/4.13 units.
Leu Partly Loses Gains Vs Euro, Exchange Rate Flat At 4.1208
Romania’s leu lost part of its early gains versus the euro in mid trade Tuesday, while the central bank’s reference rate was virtually unchanged at 4.1208 units.
Leu Opens Higher Vs Euro, Attuned To Region
Romania’s leu edged higher against the euro Tuesday morning, tracking the currencies in the region following talks on a possible new international bailout for financially troubled Greece.
Leu Closes Slightly Higher Vs Euro In Quiet Market
The leu lost part of its early gains versus the euro Monday and closed slightly stronger on the day at 4.1255/4.1285 units, amid a quiet market.
Leu Firms Vs Euro, Exchange Rate At 4.1207
Romania’s leu consolidated early gains versus the euro by mid-trade Monday and the central bank’s reference strengthened to 4.1207 units, from 4.1315 units in the previous session.
Leu Opens Stronger Vs Euro, In Quiet Market
The Romanian leu opened Monday slightly stronger against the euro, amid market apathy, while the other currencies in the region were holding their ground.
Leu Ends Flat Vs Euro, In Line With Region
The Romanian leu closed flat against the euro Friday, at 4.128/4.13 units, after having reached a low of 4.133/4.135 units in late trade.