Romanian Leu Recoups Vs Euro, Exchange Rate At 4.3577
Romania’s leu recovered early losses against the euro by midday Wednesday and the central bank’s reference strengthened slightly to 4.3577 units, from 4.3588 units a day earlier.
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Romania’s leu recovered early losses against the euro by midday Wednesday and the central bank’s reference strengthened slightly to 4.3577 units, from 4.3588 units a day earlier.
Romania’s leu weakened against the euro amid low volumes Friday, tracking the currencies in the region, and closed slightly lower on the day at 4.362/4.3615 units.
Romanian companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute
Romania’s leu traded near 4.35 per euro in late session Tuesday and closed 0.3% stronger on the day, amid higher volumes.
Romania’s leu moved in tight ranges against the euro Wednesday and closed flat on the day at 4.352/4.354 units, amid a quiet market, with dealers suspecting covert interventions from
Romania’s leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference gained modestly to 4.353 units, from 4.3535 units in the previous session.
Romania’s leu traded near 4.35 per euro by midday Friday, amid a quiet market, and the central bank’s reference gained modestly to 4.3535 units, from 4.3539 units in the previous session
Romania’s leu traded in tight ranges against the euro in an uneventful session Tuesday and closed flat on the day at 4.3505/4.3535 units, amid very low volumes.
) to 'BB+' from 'BBB-', following a similar action on Romania's sovereign ratings.
Romania’s leu strengthened modestly against the euro Thursday, tracking the currencies in the region, as investors are cautiously optimistic after the European Central Bank announced