Where Is The Leu Exchange Rate Going?

05.14.2012 ZF English

The leu depreciated on Friday to a historic low, only to fall to a fresh low of 4.437 per euro on Monday and Romanians with installments to pay in euros are looking fearfully at the rates displayed by exchange offices. Executives are revising corporate budgets.

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Keywords:: LEU; , EURO; , EXCHANGE RATE; , ANALYSIS

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