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View Full Version : Romanian Turmoil Hurting Outlook for Leu, Boosting Debt Costs - Bloomberg



NewsWhore
07-11-2012, 07:40 AM
Romanian Turmoil Hurting Outlook for Leu, Boosting Debt Costs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvSeZU1LiRXvvNrntCKTFSWqdPkg&url=http://www.bloomberg.com/news/2012-07-11/romanian-turmoil-hurting-outlook-for-leu-boosting-debt-costs.html)
Bloomberg
It sank to a record-low 4.5472 against Europe's common currency on July 9 and traded at 4.5240 at 1:48 p.m. in Bucharest today, data compiled by Bloomberg show. The cost of insuring against a Romanian default for five years using credit-default swaps ...

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