Romania Leu Widens Gains Vs Euro, Exchange Rate At 4.3498
Romania’s leu extended early gains versus the euro by midday Tuesday, amid higher volumes, and the central bank’s reference won 0.2% to 4.3498 units, from 4.3587 units a day earlier.
Against the US dollar, the leu’s indicative strengthened 0.4% on the day to 3.2429 units.
The leu opened up at 4.357/4.36 per euro, from 4.365/4.3665 per euro at Monday’s closing. It further gained ground, pushed by growing euro sales, and at around 13:00 hours traded at 4.349/4.352 per euro.
On the money market, overnight rates were flat at 5.5%-6% a year.
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