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Romanian Leu Touches New Low At 4.7808 Units Vs Euro
Macroeconomics

Romanian Leu Touches New Low At 4.7808 Units Vs Euro

The Romanian leu on Thursday tumbled to a new low against the euro, losing 0.07% on the day, as the central bank average reference rate stood at 4.7808 lei to the European currency.

Ecaterina Craciun · 21.11.2019 · 16:16 · 1 min
Romanian Leu Tumbles To 4.7776 Units Vs Euro
Macroeconomics

Romanian Leu Tumbles To 4.7776 Units Vs Euro

The Romanian leu on Wednesday hit a new low against the euro, losing 0.4% on the day, as the central bank average reference rate stood at 4.7776 to the European currency.

Ecaterina Craciun · 20.11.2019 · 13:29 · 1 min
Leu Hits New All-Time Low At 4.7729 Vs Euro
Macroeconomics

Leu Hits New All-Time Low At 4.7729 Vs Euro

The Romanian leu on Monday dropped to a new all-time low against the euro, as the central bank average reference rate stood at 4.7729 lei to the European currency.

Ecaterina Craciun · 18.11.2019 · 13:34 · 1 min
Leu Hits Eight-Month Low Of 4.7635 Vs Euro
Macroeconomics

Leu Hits Eight-Month Low Of 4.7635 Vs Euro

The Romanian leu kept depreciating against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.7635, the highest level since March 14, 2019, w...

Ecaterina Craciun · 13.11.2019 · 14:07 · 1 min
Financial Analysts See Leu Falling To 4.8243 Units Vs Euro In Next 12 Months
Macroeconomics

Financial Analysts See Leu Falling To 4.8243 Units Vs Euro In Next 12 Months

Most financial analysts expect the Romanian leu to depreciate to an average 4.8243 lei to the euro over the next 12 months, as per a survey by the CFA (Chartered Financial Analyst) associati...

Ecaterina Craciun · 25.09.2019 · 12:57 · 1 min
Leu Falls To 4.7640 Units Vs Euro, Nearing New All-Time Low
Macroeconomics

Leu Falls To 4.7640 Units Vs Euro, Nearing New All-Time Low

The Romanian leu hit a new low of 4.7640 units against the euro on Thursday, losing 0.02% on the day from 4.7632 units per euro on Wednesday.

Ecaterina Craciun · 14.03.2019 · 18:50 · 1 min
CFA Romania Analysts See Leu Falling To An Average of 4.8884 Units Vs Euro In Next 12 Months
Macroeconomics

CFA Romania Analysts See Leu Falling To An Average of 4.8884 Units Vs Euro In Next 12 Months

The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to an average of 4.8884 units per euro in the next 12 months and the average infla...

Ecaterina Craciun · 27.02.2019 · 13:55 · 1 min
Tax or Depreciation? Leu/Euro Exchange Rate Casualty of War Between Banks and Finance Ministry
Banks-Insurance

Tax or Depreciation? Leu/Euro Exchange Rate Casualty of War Between Banks and Finance Ministry

The business sector in Romania is tensely waiting to see how the leu/euro exchange rate will go, after an exchange of harsh messages between the Finance Ministry and Romania’s central bank a...

Loredana Frățilă-Cristescu · 28.01.2019 · 09:40 · 2 min
Leu Hits New Low Of 4.7648 Vs Euro
Macroeconomics

Leu Hits New Low Of 4.7648 Vs Euro

The Romanian leu hit a new low of 4.7648 units against the euro on Friday, losing 0.17% on the day from 4.7569 units per euro on Wednesday, after two weeks of continued decline.

Ecaterina Craciun · 25.01.2019 · 14:50 · 1 min