appreciation
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Banks-Insurance
Romania’s Central Bank Governor: No Room For Leu Appreciation Any Time Soon
The strengthening of the leu against the main currencies is unlikely if not impossible any time soon, Romania’s central bank governor Mugur Isarescu said during the presentation of the inflation report on Thursday. The exchange rate has been stable with minor...
Capital Market
Leu, Only CEE Currency To Gain Ground Against Euro This Year
The leu is the only currency in the Central and Eastern Europe that gained ground against the euro since the end of 2013, while the Polish zloty, the Czech koruna and Hungary's forint lost o...
Banks-Insurance
Leu Turns Out To Be Impervious To Ukraine Turmoil
The Romanian leu is back on the investors’ radar as a result of an estimated economic growth of 3% to 4% in the first quarter and it hit a six-month high despite political turmoil in neighbo...