- Home
- Video
- Politics
- Economic
- Social
- Sports
- International
- Science
- Culture
- Life
- One book a day
- Weather
- Talks
- English
Romanian Ctrl Bkr: Leu To Weaken Below 10% Vs Euro In 08
The Romanian leu will weaken against the euro this year by less than 10%, heading towards the level in 2005-2006, Romania’s central bank governor Mugur Isarescu said on Tuesday.
1 view
Romanian Ctrl Bker Says Leu To Weaken Bellow 10% Against Euro In ’08
The average indicative rate of the leu in 2007 was of RON3.3373, after it reached RON3.5245 in 2006 and RON3.6234 in 2005 respectively.
The leu fell nearly 16% against the euro in the last six months of 2007 to RON3.6102 end-December from a five-year high of RON3.1112 in July. Since the start of this year, the leu lost more than 4% against the euro.
The leu closed at RON3.6330/6355 to the euro Tuesday, slightly stronger compared with Monday’s RON3.6370/6400.
If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »
The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.
