08.20.2012

The Romanian leu lost ground against the euro in mid-trade Monday and the central bank set the exchange rate at 4.4939 units, about 0.2% weaker on the day. more

08.17.2012

Romania’s leu weakened slightly against the euro by midday Friday, but the exchange rate continued its rally for a fourth consecutive day and gained 0.16% on the day to 4.4852 units, a fresh record more

08.16.2012

Romania’s leu lost its earlier gains versus the euro by midday Thursday, but the exchange rate strengthened 0.6% on the day to 4.4924 units, the highest level in six weeks. more

08.14.2012

Romania’s leu climbed against the euro by midday Tuesday and the exchange rate strengthened almost 0.3% on the day to 4.5186 units, the highest level in the past five weeks. more

08.13.2012

Romania’s leu traded near 4.53 per euro by midday Monday, while the exchange rate strengthened 0.2% to 4.5307 units, the highest level in one month. more

08.10.2012

Romania’s leu moved in a tight range against the euro by midday Friday, but the exchange rate weakened slightly to 4.5396 units, ending a four-day rally. more

08.09.2012

Romania’s leu traded near 4.54 against the euro by midday Thursday, while the exchange rate advanced modestly to 4.5362 units, from 4.5364 units a day earlier. more

08.08.2012

Romania’s leu rose for a third straight day against the euro Wednesday, with the exchange rate touching a new three and a half weeks high of 4.5364 units, from 4.5378 units a day earlier. more

08.07.2012

Romania’s leu extended its earlier gains versus the euro by midday Tuesday, supported by foreign currency sales from the central bank, and the exchange rate won 0.8% on the day to 4.5378 units, the more

08.07.2012

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but also more

08.06.2012

Romania’s leu gained substantially versus the euro by midday Monday, helped by suspected covert interventions from the central bank, and the exchange rate strengthened 1.6% to 4.574 units, from an more

08.03.2012

Romania’s leu continued its retreat against the euro in mid trade Friday, despite covert interventions from the central bank, and the exchange rate weakened 0.8% on the day to 4.6481 units, the more

08.02.2012

Romanian central bank governor Mugur Isarescu Thursday said foreign investors have sold government paper worth several billions of lei in the past months, which influenced the leu’s exchange rate. more

08.02.2012

Romania’s leu traded above 4.6 against the euro by midday Thursday and the exchange rate weakened almost 0.5% to 4.6097 units, from 4.5885 units a day earlier. more

08.02.2012

The difficult time the leu has had over the last few weeks is not over yet despite expectations of stabilization after the vote on the referendum to impeach the president. more

08.01.2012

Romania’s leu traded near 4.59 per euro by midday Wednesday and the central bank’s reference weakened to 4.5885 units, from 4.5694 units a day earlier. more

07.31.2012

Romania’s leu reversed earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened to 4.5694 units, from a two-week high of 4.5558 units a day earlier. more

07.30.2012

Romania’s leu climbed against the euro Monday as investors cut back their bets the national currency would continue its decline following weeks of political instability, and the central bank’s more

07.27.2012

The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day. more

07.26.2012

Romania’s leu weakened slightly against the euro in quiet trade Thursday ahead of a key referendum due July 29 on whether suspended president Traian Basescu will be able to keep his office. more

07.26.2012

Romania’s leu inched lower against the euro by midday Thursday and the central bank’s reference weakened to 4.6205 units, from 4.6186 units a day earlier. more

07.25.2012

Romania’s leu took a breather Wednesday following three consecutive days of steep depreciation and the central bank’s reference rate strengthened 0.4% to 4.6186 units, from an all-time low of more

07.25.2012

Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population and of more

07.25.2012

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results more

07.24.2012

Romania’s leu weakened to new lows against both the euro and the US dollar for the third consecutive day Tuesday, with investors turning away from the risky eastern European currency ahead of a key more