Romanian Leu Gains Slightly Vs Euro, Exchange Rate At 5.116

Romanian Leu Gains Slightly Vs Euro, Exchange Rate At 5.116

yesterday, 15:40

The Romanian leu has slightly extended gains against the euro by midday Friday (May 9) and the country's central bank set the leu’s reference rate at 5.116 units versus the euro, which is 0.1% higher than Thursday's level of 5.1222 units per euro.

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Analysis

Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings

Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.