{"id":10382,"date":"2012-05-01T20:30:24","date_gmt":"2012-05-01T18:30:24","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/emerging-markets-romanian-leu-dives-again-most-on-holiday\/"},"modified":"2012-05-01T20:30:24","modified_gmt":"2012-05-01T18:30:24","slug":"emerging-markets-romanian-leu-dives-again-most-on-holiday","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-romanian-leu-dives-again-most-on-holiday\/","title":{"rendered":"EMERGING MARKETS-Romanian leu dives again, most on holiday"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Romania leu hits record low vs euro for 2nd day<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian forint edges up towards 7-mth high<\/p>\n<p><span><\/span><\/p>\n<p>* Emerging stocks, debt spreads steady<\/p>\n<p><span><\/span><\/p>\n<p>* Most emerging markets shut for holiday<\/p>\n<p><span><\/span><\/p>\n<p>By Carolyn Cohn<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, May 1 (Reuters) &#8211; The Romanian leu fell to record<br \/>\nlows for a second day in holiday-thinned trade on Tuesday,<br \/>\nbucking the trend for broadly steady emerging currencies due to<br \/>\nworries its international aid deal following the collapse of its<br \/>\ngovernment.<\/p>\n<p><span><\/span><\/p>\n<p>Investors have driven the leu lower due to concerns that a<br \/>\nnew administration will ditch unpopular austerity measures<br \/>\nneeded to secure International Monetary Fund loans &#8211; so far<br \/>\nrejecting efforts by officials to play down such<br \/>\nrisks.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Two factors are affecting the leu today &#8212; the political<br \/>\nsituation of course with the government falling apart and second<br \/>\nis illiquidity which is linked to the fact that half of Europe<br \/>\nis out,&#8221; said Michael Ganske, head of emerging markets research<br \/>\nat Commerzbank.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;With major markets closed, I would not overinterpret market<br \/>\nmoves today.&#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Romania leu hits record low vs euro for 2nd day * Hungarian forint edges up towards 7-mth high * Emerging stocks, debt spreads steady * Most emerging markets shut for holiday By Carolyn Cohn LONDON, May 1 (Reuters) &#8211; The Romanian leu fell to record lows for a second day in holiday-thinned trade on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10382","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10382"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10382\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}