Romanian Leu Closes Weaker Vs Euro, In Volatile Market
The Romanian leu closed Friday, the final session of the year, weaker against the euro, amid high volatility and on high traded volumes.
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The Romanian leu closed Friday, the final session of the year, weaker against the euro, amid high volatility and on high traded volumes.
The Romanian leu traded above 4.32 per euro in the first part of Wednesday session, in the first trading day of 2012, and the central bank announced an indicative rate of 4.3219 units
Romania’s leu recouped versus the euro in late trade Tuesday, tracking the neighboring currencies, and closed almost flat at 4.359/4.3605 units, from 4.3585/4.36 units a day earlier
The Romanian leu stayed on a downward trend in the first part of Friday session, and the central bank announced an exchange rate of 4.3434 per euro, about 0.1% weaker on the day.
Romanian industrial new orders rose 5.7% on the month in November 2011, on higher demand in most sectors, the statistics institute INS said Tuesday.
Romania’s leu returned to gains in late trade Monday and closed 0.3% stronger at 4.323/4.325 per euro, from 4.3365/4.338 per euro in the previous session.
Romania’s leu traded near 4.365 per euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3627 units, a new record low in the last 18 and a half months.
Romania’s leu retreated modestly against the euro by midday Tuesday, but the central bank’s reference strengthened almost 0.2% to 4.327 units, from 4.3347 units a day earlier.
Romania’s leu advanced against the euro by midday Thursday and the central bank’s reference strengthened over 0.4% to 4.3446 units, from an 18 and a month low of 4.3627 units in the
Romanian grain mill products maker Titan (MPN.RO) posted a turnover of 348 million lei (EUR82.3 million) between October 1, 2010 and September 30, 2011, while net profit stood at RON8.2