In this week's currency corner, Dominic Frisby takes look at the Romanian leu, which has, over the years, been something of a dog. Much like the pound, in fact. I'm heading to Romania this weekend for ...
BUCHAREST, Nov 12 (Reuters) - Romania's central bank kept its benchmark interest rate unchanged at 1.50% on Thursday, as expected, warning of "extremely elevated" uncertainty, and cut the minimum ...
This article first appeared on USgamer, a partner publication of VG247. Some content, such as this article, has been migrated to VG247 for posterity after USgamer's closure - but it has not been ...
Stronger currency may boost nation's economic self-confidence but it will not help exporters, economists caution. Romania’s national currency gained sharply against the euro this week, prompting ...
The foreign exchange reserves held by Romania's central bank, excluding gold, totalled 65.408 billion euro ($75.915 billion) at the end of November, growing from 65.347 billion euro a month earlier, ...
1 July 2005 (RFE/RL) -- Romania today eliminates four zeros from its currency, the leu, as part of efforts to prepare the economy for European Union accession, expected in 2007. The denomination ...
Romania has officially submitted to the EU Council its negotiating position on Economic and Monetary Union in the beginning of November. Romania commits itself to reducing the inflation rate to under ...