01.07.2016

There are conditions for the Romanian leu to remain stable versus the euro this year as well if the country avoids domestic macroeconomic imbalances, which could aggravate the impact of external more

01.07.2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more

12.29.2015

The Romanian leu lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.5381 units, down 0.27% from the previous day and the lowest rate more

12.22.2015

Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated loans more

12.10.2015

The Romanian leu lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5025 units, down 0.34% from 4.4873 the previous day and the more

11.25.2015

Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on the rise more

11.12.2015

Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion higher than in more

11.04.2015

The Romanian leu lost ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.4462 units, down 0.32% from 4.4318 the previous day and the more

11.04.2015

Romanian leu weakened versus the euro Wednesday amid uncertainties following the resignation of Romanian Prime Minster Victor Ponta. more

09.18.2015

Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central bank’s more

09.02.2015

Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion worth (EUR430 more

07.30.2015

New leu loans taken out by individuals and companies hit a record high of 5.4 billion lei (EUR1.22 billion) in June, 50% higher than in the year-ago month, and RON100 million higher than the previous more

07.08.2015

The denomination of the leu in July 2005, when Romania’s currency shed four zeroes, came at a time when the economy was leaving behind a long inflationary period and was an action from which ‘no more

07.01.2015

The tenth anniversary of the hard leu, which no one had thought would live more than seven to ten years in 2005 (expectation at the time was that the shift to the euro would happen soon after the EU more

06.29.2015

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro fell 0.79% to 4.4931 units, from 4.4577 units Friday. more

06.25.2015

Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the market more

06.08.2015

Banks granted new loans worth over 15 billion lei (almost EUR3.5 billion) in January-April, more than three quarters of which leu denominated, according to central bank data. more

04.27.2015

Romania’s leu appreciated slightly against the euro in late session Monday, trading below 4.42 units, amid low transferred volumes. more

04.27.2015

The Romanian leu slightly lost ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.4202 units, down 0.15% from 4.4136 the previous day. more

04.27.2015

Romania’s leu opened flat versus the euro in early session Monday, amid low volumes. more

04.24.2015

Romania’s leu continued to gain slightly against the euro in late action Friday, trading at 4.42 units, amid high volumes. more

04.24.2015

The Romanian leu slightly gained ground versus the euro by midday Friday and the central bank set the leu’s reference rate versus the euro at 4.4136 units, up 0.09% from 4.4177 the previous day. more

04.24.2015

Romania’s leu appreciated against the euro in early session Friday, trading below 4.42 units. more

04.23.2015

Romania’s leu closed flat versus the euro Thursday, at 4.423 per euro, from 4.4241 per euro the previous day, amid average volumes. more

04.23.2015

The Romanian leu gained ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.4177 units, up 0.26% from 4.429 the previous day. more