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Economic

Romanian Leu Opens Flat Vs Euro, Volumes Stay Low

The Romanian leu opened roughly flat against the euro Friday, amid market apathy, with low traded volumes.

Andrei Cîrchelan · 6 ianuarie 2012 · 1 min de citit

The leu opened at 4.345/4.348 against the euro, compared to 4.343/4.345 at closing the day before.

Within the first hour, the leu strengthened a bit against the euro, but it soon returned to opening levels and, at around 10:00 local time (GMT0800) it was trading at 4.3457/4.347 to the euro.

The central bank set the leu’s exchange rate at 4.3398 per euro, 0.4% weaker on the day.

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