05.31.2012

Romanian’s leu traded below 4.47 per euro by midday Thursday and the central bank’s reference weakened modestly to 4.4652 units, from 4.4616 units a day earlier. more

05.30.2012

Romania’s leu traded slightly above 4.6 per euro by midday Wednesday and the central bank’s reference continued to strengthen, albeit at a slow pace, reaching 4.4616 units, from 4.4639 units a day more

05.29.2012

Romania’s leu advanced modestly against the euro by midday Tuesday and the central bank’s reference strengthened for the third consecutive session to 4.4639 units, from 4.4641 units a day earlier. more

05.29.2012

The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the instability more

05.28.2012

Romania’s leu edged higher against the euro by midday Monday, tracking the currencies in the region, and the central bank’s reference advanced modestly to 4.4641 units, from 4.4646 units in the more

05.25.2012

Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4646 units, from a record low of 4.4662 units a day earlier. more

05.24.2012

Romania’s leu weakened against the euro by midday Thursday and the central bank’s reference retreated for the second day in a row to a fresh record low of 4.4662 units, from 4.4587 units in the more

05.23.2012

Romania’s leu continued to retreat against the euro by midday Wednesday and the central bank’s reference weakened 0.3% on the day to 4.4587 units, the lowest rate on record. more

05.22.2012

Romania’s leu edged lower against the euro by midday Tuesday and the central bank’s reference weakened 0.1% to 4.4452 units, from 4.4408 units a day earlier. more

05.21.2012

Romania’s leu traded near 4.44 per euro by midday Monday and the central bank’s reference strengthened modestly for a third straight day to 4.4408 units, from 4.4421 units in the previous session. more

05.18.2012

Romania’s leu strengthened below 4.45 per euro around noon Friday and the central bank’s reference gained modestly to 4.4421 units, from 4.4435 units a day earlier. more

05.18.2012

The depreciation of the Romanian leu is helping exporters and encourages lending in local currency, but it is also boosting non-performing loans and increases people’s fears, which will impact more

05.17.2012

Romania’s leu lost its earlier gains versus the euro by midday Thursday, but the central bank’s reference strengthened modestly to 4.4435 units, from a record low of 4.4463 units a day earlier. more

05.16.2012

The Romanian central bank was in the market to prevent a too steep depreciation of the leu, but the reference rate weakened for the fourth day in a row to a fresh all-time low of 4.4463 to the euro. more

05.15.2012

Romanian leu’s exchange rate fell for the third straight day to a fresh all-time low of 4.4411 against the euro, despite suspected interventions from the central bank to support the national more

05.14.2012

The leu depreciated on Friday to a historic low, only to fall to a fresh low of 4.437 per euro on Monday and Romanians with installments to pay in euros are looking fearfully at the rates displayed by more

05.14.2012

Romania’s leu retreated against the euro by midday Monday and the central bank’s reference weakened to a new record low of 4.4373 units, from 4.4265 units in the previous session. more

05.11.2012

Romania’s leu extended its earlier losses against the euro by midday Friday and the central bank’s reference weakened 0.2% to a new historic low of 4.4265 units, amid growing demand for foreign more

05.10.2012

Romania’s leu edged lower against the euro by midday Thursday and the central bank’s reference weakened to 4.4165 units, from 4.416 units a day earlier. more

05.09.2012

Romania’s leu retreated against the euro by midday Wednesday, pushed down by higher demand for foreign currency, and the central bank’s reference weakened 0.3% to 4.416 units, from 4.4032 units a more

05.08.2012

Romania’s leu was stable against the euro by midday Tuesday and the central bank’s reference strengthened modestly to 4.4032 units, from 4.4053 units a day earlier. more

05.07.2012

The Romanian leu traded in a narrow range in the first part of Monday trading session, and the central bank's reference rate weakened slightly to 4.4053 units, from 4.4044 units Friday. more

05.04.2012

Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened for the second straight day to 4.4044 units, from 4.4078 units a day earlier. more

05.03.2012

Romania’s leu traded in a narrow range against the euro by midday Thursday and the central bank’s reference strengthened 0.2% to 4.4078 units, from a record low of 4.4168 units a day earlier. more

05.02.2012

Romania’s leu continued its retreat against the euro by midday Wednesday and the central bank’s reference fell 0.45% to a new historic low of 4.4168 units, from 4.397 units Monday. more