Leu Depreciation Erodes Profits Of Listed Companies

07.25.2012 By Adrian Cojocar

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results starting with the second quarter. That is because many of them borrow in foreign currency.

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Keywords:
STATE COMPANIES
, PROFIT
, RESULTS
, SEMESTER
, CURRENCY
, DEPRECIATION
, EXCHANGE RATE

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