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LEU

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Capital Market

Leu Up Vs Euro In Early Trade

Romania’s leu edged higher against the euro after a slow start Monday morning, amid a positive sentiment following better-than-expected jobs results in the US Friday.

Florentina Dragu · 09.05.2011 · 11:26 · 1 min
Banks-Insurance

Isarescu’s New Dilemma: How Much Can the Euro Slide Without Attracting Speculators Again

The Romanian central bank BNR is no longer thinking favorably about leu's strengthening further, after it gained some 4% since the start of the year. The rising leu is attracting portfolio i...

ZF English · 09.05.2011 · 00:49 · 1 min
Capital Market

Leu Recoups Vs Euro Amid Positive Sentiment

Romania’s leu recovered earlier losses against the euro in late trade Friday, amid a positive sentiment in the region, and closed nearly flat at 4.113/4.1155 units, from 4.1115/4.1135 units...

Florentina Dragu · 06.05.2011 · 17:12 · 1 min
Capital Market

Leu’s Exchange Rate Hits 1-Month Low At 4.1208 Vs Euro

Romania’s leu traded near 4.12 per euro in mid session Friday and the central bank’s reference weakened nearly 0.4% on the day at 4.1208 units, the lowest level in one month.

Florentina Dragu · 06.05.2011 · 13:33 · 1 min
Capital Market

Leu Opens Weaker Vs Euro, In Quiet Market

The leu opened Friday weaker against the euro, on low traded volumes, but started regaining ground within the first hour of trading.

Andrei Cîrchelan · 06.05.2011 · 10:45 · 1 min
Capital Market

Leu Weakens Vs Euro In Line With Peers

The Romanian leu edged lower against the euro in late trade Thursday, tracking the currencies in the region, and closed weaker on the day at 4.1115/4.1135 units.

Florentina Dragu · 05.05.2011 · 17:08 · 1 min
Macroeconomics

BNR: Stable Exchange Rate Preferable On Long Run

Romania's central bank targets a stable exchange rate of the leu versus the euro, even if a stronger leu would help the disinflation process on the short term, central bank governor Mugur Is...

Florentina Dragu · 05.05.2011 · 16:07 · 1 min
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.1065

Romania’s leu traded in ranges against the euro in mid session Thursday and the central bank’s reference strengthened slightly to 4.1065 units, from 4.1127 units a day earlier.

Florentina Dragu · 05.05.2011 · 13:52 · 1 min
Banks-Insurance

Renaissance Capital: Romanian Leu Must Not Firm Too Much Ahead Of Euro Adoption

The Romanian central bank can’t afford a too strong leu if it wants to adopt the euro in 2015, because the country needs a strong exchange rate in the years prior to joining the euro area, T...

Florentina Dragu · 05.05.2011 · 13:04 · 1 min