Romanian Leu

(redirected from New Leu)

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 ?
NNSA is now developing a new LEU fuel that will allow the remaining five reactors to operate.
GAO was asked to examine (1) the status of the remaining research reactors in converting to LEU fuel, (2) DOE's progress in developing new LEU fuels for reactors where conversion is not yet technically feasible, (3) DOE's progress in developing LEU for the production of medical isotopes, and (4) the status of DOE and Nuclear Regulatory Commission (NRC) efforts to improve security at research reactors.