Romanian currency gains ground against euro, US dollar
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
The USD/RON pair is unlikely to experience a significant drop, given the strength of the U.S. dollar. If the rate approaches the 4.44 level, it could trigger a technical rebound.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
Tech giant Microsoft announced the expansion of its European Digital Commitments with comprehensive Microsoft sovereign cloud solutions.
Dan Air, a private Romanian airline, inaugurated its regular flight service between Bucharest and Damascus on June 15.