Bloomberg:Leu Slips to Lowest in 2 Weeks on President Suspension Procedure

Romania's leu declined to the lowest level in more than two weeks after ruling coalition plans to suspend the president deepened the country’s political turmoil. Romania’s currency depreciated as much as 0.6 percent and traded 0.5 percent lower at 4.4765 per euro at 3:04 p.m. in Bucharest, the fourth day of declines to the weakest intraday level since June 18. The country’s central bank has a managed floating policy for the leu, and set a ...

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