Romanian Leu Hits Five-Year Low, Of 4.6198 Vs Euro, Amid Tensions Over Government Tax Plans

11.08.2017 By Ecaterina Craciun

The Romanian leu depreciated against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.6198 units, the lowest level since July 2012, amid tensions fueled by the government’s planned tax overhaul.

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