News » March, 2011 » 25 March 2011
Romanian Leu’s Continues Upward Trend Vs Euro, Exch Rate At 4.0881
25.03.2011, 13:54 | Finance-Banks | 2169 views
The Romanian leu extended gains against the euro Friday, and the central bank’s reference rate gained 0.34% at 4.0881 units, the strongest in almost one year. Against the US dollar, the leu gained 0.6% , to 2.8876 units, from 2.9046 units Thursday. The leu opened stronger at 4.0875/4.09 to the euro, compared to 4.0985/4.102 to the euro at closing the day before. Read more on Mediafax.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
