Romanian Leu Hits All-Time Low Against Euro Amid Political Impasse
The Romanian leu reached an all-time low against the euro on Thursday, exacerbated by a political stalemate that dims prospects of deficit reduction and amid turbulent global markets.
The Romanian leu FOREXCOM:EURRON hit an all-time low against the euro on Thursday, as a political stalemate weighed on prospects for Bucharest to cut its deficit, while turbulent global markets added further pressure on public finances. Prime Minister-designate Sieg…