LEU
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CFA Romania Analysts See Leu Falling to 4.7/euro, 3-Mo Rate at 3.88% in Next 12 Months
Three out of four analysts expect the Romanian leu to depreciate to 4.73 units to the euro in the next 12 months and see the three-month money market rate at 3.88%.
Consumer Loans At 12-Year High In H1
Romanian consumers took out 10.8 billion lei (EUR2.32 billion) worth of leu loans in the first half, which is a 12-year high, Romania’s central bank data show. The new loans Romanians took o...
Romanian Leu Falls To All-Time Low Against Euro
The leu has lost ground lately, but still remained more stable than the Polish zloty, Hungarian forint and the Czech koruna.
Leu Touches Four-Month High Of 4.6289 Vs Euro
The Romanian leu appreciated against the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.6289, the highest level since January 15, 2018, when it...
BCR, BRD, CEC Bank And Raiffeisen Keep Leu Deposit Interests Low Despite Rising Key Rate and Inflation
The raise of the key rate three times this year to 2.5% and the upward inflation trend are not pressuring bankers to raise deposit interests. Some large banks are keeping interests for leu d...
Survey: Entrepreneurs Expect Inflation To Rise And Leu To Keep Falling Vs Euro In Next 12 Months
Members of the Romanian Business Leaders (RBL) association, with a cumulated turnover of EUR3.5 billion and more than 30,000 employees, are „cautiously optimistic” about the next 12 months,...
Leu Hits New All-Time Low At 4.6679 Vs Euro For Third Day In A Row
The Romanian leu on Tuesday dropped to a new all-time low against the euro, for the third consecutive day, as the central bank average reference rate stood at 4.6679 lei to the European curr...
GetBack Recovery Readies Leu-Denominated Bond, Of RON100M, On Bucharest Stock Exchange
Polish debt collection company GetBack Recovery, which operates in several countries in Eastern Europe, including Romania, plans to issue leu-denominated bonds of RON100 million on the Bucha...
Leu Hits New All-Time Low At 4.6656 Vs Euro
The Romanian leu on Monday fell to a new all-time low against the euro, as the central bank average reference rate stood at 4.6656 lei to the European currency.