On 30 April, the Romanian leu (RON) traded at 4.40 per EUR, which was 0.4% weaker than at the end of the previous month. The April loss follows the 0.7% drop seen in March. In annual terms, the leu has lost 6.3% compared to the same month last year. The collapse of the government on 27 April prompted the leu to fall to 4.46 RON per EUR in intraday trading on 1 May, which represents an all-time low. Since the beginning of the year, the leu has lost 1.8% versus the EUR on the back of continued political uncertainty. That said, a weaker leu may help support exports and boost the faltering economy.
Leu drops after government collapses
May 1, 2012
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Romania Economic News
October 12, 2016
Industrial output expanded 5.3% in August from the same month last year, which was the fastest expansion in one year.
October 11, 2016
In September, consumer prices inched down 0.1% from the previous month, contrasting August’s 0.1% expansion.
September 14, 2016
Industrial output contracted 3.4% in July over the same month last year, which was the fastest contraction rate in almost seven years and contrasted the 1.1% expansion recorded in June.
September 9, 2016
In August, consumer prices inched up 0.1% over the previous month, rebounding from July’s 0.2% contraction.
September 6, 2016
In second quarter of 2016, the economy expanded 6.0% over the same period of the previous year, the fastest rate of growth since Q3 2008, according to detailed data released on 6 September.