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Romanian Leu Closes Higher Vs Euro, In Line With Neighbors

Romania’s leu edged higher against the euro in late trade Thursday, tracking the currencies in the region, and closed modestly stronger on the day, amid average volumes.

Florentina Dragu · 15 decembrie 2011 · 1 min de citit

The leu closed at 4.3415/4.343 per euro, from 4.344/4.346 per euro a day earlier.

The leu opened slightly lower on the day at 4.346/4.349 per euro and traded near 4.34 per euro in the first half of the session. In the afternoon, the leu appreciated to a high of 4.338 per euro, following better-than-expected data in the US that showed last week unemployment dropped to the lowest level in the past three and half years.

Elsewhere in the region, the Hungary’s forint was gaining 0.8% versus the euro, while the Polish zloty was up 0.6%.

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