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General TradingR

Romanian Leu (RON)

The Romanian Leu is the official currency of Romania, abbreviated as RON in forex markets. It is a floating currency managed by the National Bank of Romania and is primarily traded against the euro in European forex markets.

Example

“A forex trader monitors EUR/RON for signs of central bank intervention, as the National Bank of Romania often steps in to prevent excessive leu depreciation against the euro.”