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Economic

Romanian Leu Slides Vs Euro, Exchange Rate At 4.298

The Romanian leu fell against the euro in the first part of Thursday session, following the regional trend, and the central bank set the the reference rate at 4.298 units, 0.25% weaker on the day.

Bogdan Neagu · 29 decembrie 2011 · 1 min de citit

Against the US dollar, the leu’s reference lost 1.6% to 3.3335 units.

The leu opened at 4.29/4.2925 per euro, weaker than 4.286/2.288 per euro at Wednesday closing. It later gained some minor ground on small euro sale orders.

However, the local currency soon returned to losses, trading around 4.3 units by mid-day.

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