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Economic

Romanian Leu Opens Mildly Stronger Vs Euro, On Pre-Holiday Exchanges

The Romanian leu opened Monday a bit stronger against the euro, aided by low-volume euro sales seen by dealers as the actions of Romanians abroad who are coming home for the holidays.

Andrei Cîrchelan · 19 decembrie 2011 · 1 min de citit

The leu opened at 4.330/4.332 to the euro, compared to 4.336/4.338 at closing the day before.

After the first hour, the leu was weakening by 0.4% against the euro.

The central bank set Friday the leu’s reference at 4.3409 to the euro, slightly stronger on the day. Against the US dollar, the leu’s indicative won 0.3% to 3.3308 units, from a 15-month low of 3.3423 units Thursday.

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