02.25.2014

The Romanian leu retreated against the euro by midday Tuesday and the central bank’s reference weakened 0.16% to 4.5173 units, erasing yesterday’s gains. more

02.24.2014

The Romanian leu showed little movement against the euro in the first half of the trading session Monday and the central bank’s reference strengthened slightly to 4.5101 units, from 4.5173 units in more

02.24.2014

Romania’s EU fund absorption rate via the Sectoral Operational Program Increase of Economic Competiveness (POS CCE) might reach up to 60% this year, from 36% in 2013, when projects worth RON23.4 more

02.21.2014

The Romanian leu stayed in a narrow range against the euro in the first half of Friday’s session and the central bank set a reference rate for the local currency of 4.5173 units, slightly stronger more

02.20.2014

Romania’s leu depreciated against the euro by midday Thursday, amid political tensions at home and mounting violence in Ukraine, and the central bank’s reference weakened 0.7% to 4.5239 units, the more

02.19.2014

The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference weakened to 4.4916 units, from 4.4873 units in the previous session. more

02.18.2014

The Romanian leu was stable against the euro by midday Tuesday and the central bank’s reference advanced slightly to 4.4873 units, from 4.4905 units a day earlier. more

02.17.2014

The Romanian leu continued to trade in a narrow range against the euro in mid-session Monday and the central bank set a reference rate for the local currency at 4.4905 units, 0.2% weaker on the day. more

02.14.2014

The Romanian leu held on to its earlier gains versus the euro by midday Friday, amid improved investor sentiment following strong GDP data for last year, and the central bank’s reference more

02.13.2014

The Romanian leu slid against the euro in the first half of Thursday’s session, tracking the currencies in the region, and the central bank’s reference weakened for the second straight day to more

02.12.2014

Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase foreign more

02.12.2014

The Romanian leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened to 4.4779 units, from 4.4723 units a day earlier. more

02.11.2014

The Romanian leu moved in a tight range against the euro by midday Tuesday and the central bank’s reference firmed for the second straight day to 4.4723 units, from 4.4754 units in the previous more

02.10.2014

The Romanian leu advanced modestly against the euro by midday Monday and the central bank’s reference strengthened slightly to 4.4754 units, from 4.4824 units in the previous session. more

02.07.2014

The Romanian leu depreciated against the euro by midday Friday, following the currencies in the region, and the central bank’ reference weakened for the second consecutive session to 4.4824 units, more

02.06.2014

Romania’s absorption rate on European structural and cohesion funds reached 33.63% at the end of January 2014, up 0.16% from 33.47% in December, according to the Ministry of European Funds. more

02.06.2014

Romania’s leu weakened against the euro in a quiet market Thursday, closing at 4.472/4.474 to the euro. more

02.05.2014

The Romanian leu recovered against the euro by midday Wednesday and the central bank’s reference firmed for the seventh straight session to 4.556 units, the strongest rate since December 16. more

02.04.2014

The Romanian leu widened its earlier gains versus the euro by midday Tuesday and the central bank’s reference firmed to 4.4589 units, the highest rate since December 16. more

02.04.2014

Romania’s central bank Tuesday lowered its main monetary policy rate by a quarter of a point to a fresh all-time low of 3.5% a year, in line with market expectations. more

02.03.2014

The Romanian leu edged higher against the euro in the first half of the trading session Monday, and the central bank’s reference firmed to 4.4935 units, the strongest rate this year. more

01.31.2014

Romanian analysts estimate the central bank will cut its monetary policy rate by a quarter of a point to 3.5% at the upcoming meeting February 4, a survey from the Association of Romanian Financial more

01.31.2014

The Romanian leu appreciated against the euro by midday Friday and the central bank’s reference strengthened for the fifth consecutive session to 4.4978 units, a new record high for the past three more

01.30.2014

The Romanian leu widened its earlier gains versus the euro by midday Thursday and the central bank’s reference firmed to 4.5085 units, the highest rate in three weeks. more

01.29.2014

The Romanian leu extended its earlier gains versus the euro by midday Wednesday, mirroring the currencies in the region, and the central bank’s reference strengthened 0.3% to 4.5188 units, from more