Romanian Leu Weakens the Most in Six Weeks as Government Falls
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The Romanian leu weakened the most in more than six weeks against the euro and stocks fell after the government was toppled in a no-confidence vote.
The leu depreciated 0.4 percent to 4.3962 per euro by 3:58 p.m. in Bucharest, the biggest intraday slump since March 15 and compared with a record low of 4.4012 in June 2010. The country’s benchmark BET index slid 0.6 percent to 5,317.58 as Fondul Proprietatea SA retreated 1.6 percent.