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Romanian Leu Slightly Up Vs Euro, Exchange Rate At 4.8170
Macroeconomics

Romanian Leu Slightly Up Vs Euro, Exchange Rate At 4.8170

The Romanian leu gained slightly against the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.8170.

Ecaterina Craciun · 10.03.2020 · 14:02 · 1 min
Second Reading Confirms 4.1% GDP Growth in 2019
Macroeconomics

Second Reading Confirms 4.1% GDP Growth in 2019

Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a second reading from the country's statistics board showed Tuesday.

Oana Gavrila · 10.03.2020 · 09:19 · 1 min
Leu Tumbles To Fresh All-Time Low Of 4.8184 Versus Euro
Macroeconomics

Leu Tumbles To Fresh All-Time Low Of 4.8184 Versus Euro

The Romanian leu on Monday (March 9) dropped to a fresh all-time low against the euro, as the central bank set the leu’s reference rate versus the euro at 4.8184 units.

Ecaterina Craciun · 09.03.2020 · 14:44 · 1 min
PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis
Social/Politics

PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis

Romania has the resources and fiscal and monetary tools to respond to potential shocks stemming from the coronavirus epidemic and to alleviate its potential negative effects, prime minister...

Oana Gavrila · 09.03.2020 · 13:18 · 1 min
Net Investment in Romania Grows 17.9% in 2019
Macroeconomics

Net Investment in Romania Grows 17.9% in 2019

Net investments in the Romanian economy grew 17.9% in 2019 compared with 2018, to RON104.12 billion, preliminary data from the country's statistics board showed Monday.

Oana Gavrila · 09.03.2020 · 10:04 · 1 min
Leu Depreciates Versus Euro, Exchange Rate At 4.8086
Macroeconomics

Leu Depreciates Versus Euro, Exchange Rate At 4.8086

The Romanian leu fell against the euro by midday Thursday, and the central bank set the leu’s reference rate versus the euro at 4.8086 units.

Ecaterina Craciun · 05.03.2020 · 15:14 · 1 min
EC Proposes Opening Excessive Deficit Procedure for Romania
Macroeconomics

EC Proposes Opening Excessive Deficit Procedure for Romania

The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, th...

Oana Gavrila · 04.03.2020 · 15:16 · 1 min
Leu Keeps Upward Trend, Exchange Rate At 4.8057 Vs Euro
Macroeconomics

Leu Keeps Upward Trend, Exchange Rate At 4.8057 Vs Euro

The Romanian leu has extended gains versus euro by midday Wednesday, and the central bank set the leu’s reference rate versus the euro at 4.8057 units.

Ecaterina Craciun · 04.03.2020 · 14:47 · 1 min
Macroeconomics

Leu Strengthens Vs Euro, Exchange Rate At 4.8074

The Romanian leu has gained ground versus the euro by midday Tuesday, and the central bank set the leu’s reference rate versus the euro at 4.8074 units.

Ecaterina Craciun · 03.03.2020 · 14:28 · 1 min