04.05.2017

The domestic currency and the government paper yields were under pressure in the first quarter, reeling especially from the internal political turmoil, which culminated in street protests and fiscal more

03.09.2017

The Romanian leu strengthened versus the euro by midday Thursday and the Romanian central bank set the leu’s reference rate versus the euro at 4.5456 units, up 0.12% from 4.5512 the previous day. more

10.14.2016

Romania’s central bank (BNR) says that the conversion of the Swiss franc loans at the historical exchange rate could drive the solvency of two banks under the minimum requirement, and in all six more

02.05.2015

Romania’s leu continued to lose ground against the euro in late session Thursday, trading near 4.42 units, amid high volumes. more

01.30.2015

Romania’s central bank agrees with burden–sharing solutions for persons who have loans in Swiss francs and banks, but reasonable and balanced solutions, applied individually, as each case is more

01.30.2015

Discussions about the conversion of Swiss franc loans at lower exchange rates could hurt Romania’s chances to get reduced costs at its next Eurobond issue, central bank governor Mugur Isarescu told more

01.30.2015

Converting Swiss franc loans into lei at the historical exchange rate would generate a loss of RON5.7 billion, or 0.8% of GDP, for banks that granted such loans, and a 20% addition, as requested by more

01.30.2015

Romania’s leu showed little movement against the euro in early session Friday, on an apathetic market, amid low volumes. more

01.29.2015

The central bank, banks and the Romanian Banking Association (ARB) on Thursday agreed on measures for loans in Swiss francs, such as maintaining the monthly installment in local currency at December more

01.27.2015

Romania’s leu continued to gain ground against the euro in late session Tuesday, trading below 4.47 units. more

01.23.2015

Romania’s leu slightly strengthened versus the euro in early session Friday while the Swiss franc was stable against the euro on international markets. more

01.22.2015

Romania’s leu closed slightly up against the euro Thursday after European Central Bank announced it will purchase EUR1,100 billion bonds, which put pressure on the euro. more

01.22.2015

The Romanian leu lost ground versus the Swiss franc by midday Thursday and the Romanian central bank’s reference fell 0.2% to 4.5152 units per Swiss franc, a new record low. more

01.21.2015

The Romanian leu lost ground versus the Swiss franc by midday Wednesday and the Romanian central bank’s reference fell 1.6% to 4.5054 units per Swiss franc, a new record low, amid the strengthening more

01.21.2015

The problems caused by the appreciation of the Swiss franc can only be partly solved by personal bankruptcy procedures, as such procedures only apply to insolvent individuals and would make things more

01.21.2015

Romania’s leu and the Swiss franc showed little movement against the euro in early session Wednesday, amid low traded volumes. more

01.20.2015

Romania’s leu closed at 4.5125 per euro Tuesday, slightly down from 4.5033 per euro the previous day. more

01.20.2015

The Romanian leu gained ground versus the Swiss franc by midday Tuesday and the Romanian central bank’s reference was up 0.8% at 4.4354 units per Swiss franc. more

01.20.2015

Romania’s leu and the Swiss franc were stable against the euro in early session Tuesday, amid low traded volumes. more

01.19.2015

The Romanian leu continued to lose ground versus the Swiss franc by midday Monday and the Romanian central bank’s reference fell 1.1% at 4.4716 units per Swiss franc, a new all-time low. more

01.19.2015

Romania’s leu and the Swiss franc showed little movement against the euro in early session Monday, amid low traded volumes. more

01.16.2015

The Romanian leu lost ground versus the Swiss franc by midday Friday and the Romanian central bank’s reference fell 2.2% at 4.4228 units per Swiss franc, a new all-time low. more

01.16.2015

Romania’s leu and the Swiss franc showed little movement against the euro in early session Friday, amid low volumes. more

01.16.2015

Swiss National Bank's move to remove the cap on the Swiss franc conversion rates sent the currency soaring against the euro, while in Romania it went from 3.7 lei to 4.3 lei in a matter of hours. more

02.22.2012

Deposits in Swiss francs generated gains of almost 70% for the customers who bet on this currency in 2008, when a franc was traded for an all-time low of 2.2 lei, but bankers say few customers bet on more