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 ...

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 ...

CFA Romania analysts estimate a depreciation of the (national currency) leu in the coming months, an average inflation rate of 3.82 percent in October 2020 and an increase in Romania's risk premium.

The Ministry of Finance of Romania has released a draft Emergency Ordinance, which regulates the issuance of electronic money (e-money), Business Review reported July 5. The draft reportedly describes ...

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 ...

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 ...