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Analiza ZF · Auto & Transporturi

Romanian Leu Ends Higher Vs Euro Amid Low Volumes

Romania’s leu returned to gains versus the euro in late trade Friday and closed slightly stronger on the day, amid low volumes.

de Florentina Dragu , 24658 03.02.2012 · 17:11 1 min de citit

The leu closed at 4.344/4.346 per euro, from 4.347/4.35 per euro a day earlier.

It opened at 4.344/4.346 per euro and fell to a low of around 4.35 per euro in the first half of the session. In the afternoon, the leu changed gears and traded near 4.34 per euro until closing, amid a positive sentiment in the region following better-than-expected jobs data on the US market.

The central bank set the leu’s reference at 4.3467 to the euro, a tad stronger on the day. Against the US dollar, the leu’s indicative won 0.2% at 3.2988 units.

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