Romanian Leu Dips Vs Euro In Quiet Market

Elsewhere in the region, the leu’s peers were losing around 0.5% versus the European common currency, after Fitch said the European Central Bank needs to do more to prevent the collapse of the euro.

The leu opened down at 4.364 to the euro and traded near 4.365 to the euro for most of the day.

The central bank set the leu’s reference at 4.3627 per euro, a new record low in the past 18 and a half months. Against the US dollar, the leu’s indicative lost 0.35% on the day to 3.419 units.