Romanian Leu


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Romanian Leu

The currency of Romania. It was issued in 1867 and was pegged to silver and gold until 1878, when the peg shifted exclusively to gold. The peg was dropped in 1914. Revaluations occurred twice during the Communist era in Romania to enhance collectivist goals. In 2005, a third revaluation occurred following a period of high inflation.
References in periodicals archive ?
Dollar, Australian Dollar, Bulgarian Lev, Danish Krone, Euro, British Pound, Iranian Rial, Swedish Krona, Swiss Franc, Japanese Yen, Canadian Dollar, Kuwaiti Dinar, Norwegian Krone, Romanian Leu, Russian Ruble and Saudi Riyal.
But the Czech koruna, the Lithuanian litas and the Slovakian koruna have all appreciated, while the Hungarian forint, the Polish zloty and the Slovenian tolar have all fallen slightly, while the Romanian leu and the Turkish lira have lost well over half their value.
925 / 2006, respectively: by a guarantee instrument issued under the law by a banking company or an insurance company in the amount and for a validity period of 120 days specified in point a) and b) document presented original (form 15 of the FORMS section) or-bank transfer into the account RO86 RNCB 0179 0345 7761 0001 opened at BCR branch Drobeta Turnu Severin, document presented in original visa bank tenderer; guarantee of participation issued in another language than Romanian and another currency, will be presented in original and shall be accompanied by certified translation into Romanian leu equivalent and / another currency shall be made at the rate on a date preceding the deadline for submission of tenders 5 that falls in economic zile.
50%), this does not materially change our bullish Romanian leu versus bearish Hungarian forint view.
The central bank has also decided to maintain the current ratios of the minimum reserve requirements at 15 percent for Romanian leu liabilities and 25 percent for foreign currency liabilities.
The winning resort, Poiana Brasov, near the city of Brasov in central Romania, was undoubtedly helped by sterling's stability against the Romanian leu and easily the lowest lift pass and ski/boot hire costs at pounds 165.
BGC also offers daily fixings for swap and non-deliverable swaps transactions executed in Chinese Renminbi, Czech Koruna, Indian Rupee, Indonesian Rupiah, Philippine Peso, Romanian Leu, Russian Ruble, Taiwanese Dollar, Thai Baht, Turkish Lira and Vietnamese Dong.
EBRD finance : The Bank will provide senior loans in Romanian leu or euro to city/county or public transport companies.
When setting up the guarantee of participation in a currency other than the Romanian leu, equivalent course will be using by the National Bank of Romania (BNR) valid for the date of publication / posting contract notice on the website www.
IFC, a member of the World Bank Group, is lending 112 million Romanian leu (approximately 29 million) to the municipality of Timisoara to support the development of municipal and social infrastructure, which will improve people s lives and help local businesses.

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