Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Romania

Heading To RON3.4400/EUR

June 2008 | Currency Forecast

Having firmly broken through a key resistance level on April 4, the Romanian leu has continued to appreciate, at one point trading at RON3.6185/EUR on June 5. This reduces the unit's loss to 0.58% ytd, down from a high of 7.46% ytd registered on January 25.

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