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Economic

Romanian Leu Opens Weaker Vs Euro, In Line With Region

The Romanian leu opened Thursday slightly weaker against the euro, on reduced activity, while other currencies in the region were seeing similar developments.

Andrei Cîrchelan · 15 decembrie 2011 · 1 min de citit

The leu opened at 4.346/4.349 against the euro, compared to 4.344/4.346 at closing the day before.

Within the first hour, the leu strengthened a bit and, at around 10:15 local time, it was trading at 4.342/4.343 to the euro.

The central bank set Wednesday the leu’s reference at 4.3415 per euro, almost 0.2% stronger on the day. Against the US dollar, however, the leu’s indicative lost over 1% to 3.3345 units.

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