RATE
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Leu Down Vs Euro, Exchange Rate At 4.4212
The Romanian leu depreciated against the euro by midday Tuesday and the central bank’s reference lost 0.28% to 4.4212 units per euro, the lowest in almost three weeks.
Leu Loan Cost Hits All-Time Low
The interest rate at which banks borrow lei from the money market (reflected by the three-month Robor used as reference in leu-denominated retail loan contracts) has reached a new all-time l...
Romania September Inflation Falls Within Target Range As Food Prices Ease
Romania’s inflation rate slowed for the third straight month in September, falling comfortably within the central bank’s 2013 target range as food prices continued a four-month decline, offi...
INS: Jobless Rate Stays Flat At 7.5% In July
Romania's unemployment has remained at 7.5% in July for the second consecutive month, seasonally adjusted data from the statistics institute INS showed Friday.
Spectacular Leap In EU Fund Absorption: EUR700M Refunded In July, Almost As Much As In 1H
Romania’s EU fund absorption rate leapt spectacularly in July, when the country attracted over EUR700 million. The amount is almost similar to refunds attracted by Romania in the first six m...
Bankers Sit On A Mountain Of Cash, Are Forced To Cut Loan Interest Rates
Money market interest rates, which are used as reference for loans in lei have fallen significantly since the beginning of this year because of excess liquidity, and this is starting to be f...
Romania’s EU Structural Fund Absorption Rate Stood At 3.72% In End-November
Romania’s structural and cohesion fund absorption rate stood at 3.72% at the end of November, according to data published Tuesday by the Romanian Ministry for European Affairs.