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Romanian Leu Firms Vs Euro On Higher Workers’ Remittances

The leu advanced against the euro Monday and closed over 0.5% stronger on the day at 4.312/4.3145 units, supported by rising remittances from Romanians who work abroad.

Florentina Dragu · 19 decembrie 2011 · 1 min de citit

Friday, the leu closed at 4.336/4.338 per euro.

The national currency opened up at 4.33/4.332 per euro and further appreciated, hitting the day’s high of 4.3075 per euro in the second half of the session.

The central bank set the leu’s reference at 4.3146 to the euro, the strongest rate in two months. Against the US dollar, the leu’s indicative won 0.5% on the day to 3.3127 units.

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