ING: Leu May Push Through 5.00 Vs Euro By Year-end

08.07.2012 By Florentina Dragu

Romania’s leu is likely to weaken to 4.85 to the euro in the next months and may even push through the psychological threshold of 5.00 against the European common currency by year-end due to prolonged political turmoil and falling appetite from foreigners, ING Bank said in a report Tuesday.

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