Leu’s Exchange Rate Hits 2½-Month Low Vs Euro Of 4.4684

12.03.2013 By Florentina Dragu

The Romanian leu widened its earlier loss against the euro by midday Tuesday, amid tensions between the government and President Traian Basescu regarding next year’s budget, and the central bank’s reference weakened to 4.4684 units, the lowest rate in two-and-a-half months.

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