{"id":235781,"date":"2005-06-02T13:00:00","date_gmt":"2005-06-02T13:00:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/06\/02\/leueuro-exchange-rate-posts-insignificant-growth-on-calm-enough-market-2895-eng\/"},"modified":"2005-06-02T13:00:00","modified_gmt":"2005-06-02T13:00:00","slug":"leueuro-exchange-rate-posts-insignificant-growth-on-calm-enough-market-2895-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/leueuro-exchange-rate-posts-insignificant-growth-on-calm-enough-market-2895-eng\/","title":{"rendered":"Leu\/Euro exchange rate posts insignificant growth on calm enough market"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p align=\"justify\">The Moldovan leu had a very calm reaction to the sudden depreciation of the euro verso the U.S. dollar and other currencies early this week, after France has turned down the European Constitution.<\/p>\n<p align=\"justify\">The leu rose by 1.7 percent in only two days. The exchange rate of the leu is established in dependence of the U.S. dollar. <\/p>\n<p align=\"justify\">The National Bank of Moldova announced a leu\/euro exchange rate of 15.5308 lei per euro for Wednesday, compared with 15.7945 on Monday. <\/p>\n<p align=\"justify\">Commercial banks and exchange offices post lower exchange rates, and it means that the leu is expected to grow. <\/p>\n<p align=\"justify\">Many financial managers and experts told BASA that &quot;the depreciation of leu verso dollar and euro is forced a little bit.&quot; The exchange rate of 12.60 lei per dollar is not real. <\/p>\n<p align=\"justify\">Also, experts say that the depreciation of euro verso dollar will not affect the trade balance of Moldova since the key exportation and importation partners are from the dollar area. &quot;Imports from the euro area will become cheaper, but the supplies from the dollar area will reduce this relative non-balance.&quot; <\/p>\n<p align=\"justify\">Financial analysts estimate that solutions to the situation occurred after the French people has turned down the European Constitution and a possible similar vote of the Dutch nation will be shortly found, so that the euro will regain its position verso dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The Moldovan leu had a very calm reaction to the sudden depreciation of the euro verso the U.S. dollar and other currencies early this week, after France has turned down the European Constitution. The leu rose by 1.7 percent in only two days. The exchange rate of the leu is established in dependence of the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-235781","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p align=\"justify\">The Moldovan leu had a very calm reaction to the sudden depreciation of the euro verso the U.S. dollar and other currencies early this week, after France has turned down the European Constitution.<\/p>\n<p align=\"justify\">The leu rose by 1.7 percent in only two days. The exchange rate of the leu is established in dependence of the U.S. dollar. <\/p>\n<p align=\"justify\">The National Bank of Moldova announced a leu\/euro exchange rate of 15.5308 lei per euro for Wednesday, compared with 15.7945 on Monday. <\/p>\n<p align=\"justify\">Commercial banks and exchange offices post lower exchange rates, and it means that the leu is expected to grow. <\/p>\n<p align=\"justify\">Many financial managers and experts told BASA that &quot;the depreciation of leu verso dollar and euro is forced a little bit.&quot; The exchange rate of 12.60 lei per dollar is not real. <\/p>\n<p align=\"justify\">Also, experts say that the depreciation of euro verso dollar will not affect the trade balance of Moldova since the key exportation and importation partners are from the dollar area. &quot;Imports from the euro area will become cheaper, but the supplies from the dollar area will reduce this relative non-balance.&quot; <\/p>\n<p align=\"justify\">Financial analysts estimate that solutions to the situation occurred after the French people has turned down the European Constitution and a possible similar vote of the Dutch nation will be shortly found, so that the euro will regain its position verso dollar.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/leueuro-exchange-rate-posts-insignificant-growth-on-calm-enough-market-2895-eng\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fleueuro-exchange-rate-posts-insignificant-growth-on-calm-enough-market-2895-eng%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" 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