Romanian Leu Dips Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Friday and closed slightly weaker on the day, amid low volumes.
The leu closed at 4.3425/4.345 per euro, from 4.3385/4.341 per euro Thursday.
It opened down on the day at 4.343/4.345 per euro, but further gained ground, hitting an early high of 4.3365 per euro, amid improving sentiment in the region after EU leaders said they’ve reached an agreement to strengthen financial discipline and ease the debt crisis.
In the afternoon, however, the leu turned to losses and traded above 4.34 per euro until closing.
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