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Romanian Leu Exchange Rate Hits 5-Week Low Of 4.3532 Vs Euro

Romania’s leu traded in ranges against the euro by midday Monday, but the central bank’s reference lost 0.2% to 4.3532 units, the weakest rate in five weeks.

Florentina Dragu · 9 ianuarie 2012 · 1 min de citit

Against the US dollar, the leu’s indicative lost 0.4% on the day to 3.4096 units, the weakest level since July 2010.

The leu opened slightly higher at 4.346/4.35 per euro, from 4.3475/4.35 per euro at Friday’s closing, and traded near 4.35 per euro in the first half of the session.

On the money market, overnight rates fell to 2.3%-2.8% a year, from 2.9%-3.4% a year in the previous session.

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