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Economic

Romanian Leu Opens Flat Versus Euro, Strengthens Early

The Romanian leu opened Tuesday nearly flat against the euro, but it soon started to strengthen, in line with other currencies in the region.

Andrei Cîrchelan · 22 noiembrie 2011 · 1 min de citit

The leu opened at 4.365/4.367 against the euro, compared to 4.364/4.365 at closing the day before.

Within the first hour, the leu started to strengthen, reaching a high of 4.3575 against the European coin.

The central bank’s reference weakened Monday to a new 17-month low of 4.3608 units, from 4.3598 units in the previous session.

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