Romanian Leu Exchange Rate Hits New 5-Week High Of 4.3397 Vs Euro
Romania’s leu advanced against the euro by midday Friday and the central bank’s reference strengthened to 4.3397 units, a fresh record high in the past five weeks.
Against the US dollar, the leu’s indicative retreated modestly to 3.2452 units, from 3.2421 units a day earlier.
The leu opened down at 4.343/4.345 per euro, from 4.3385/4.341 per euro at Thursday’s closing. It later gained ground and hit 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.
At around 13:00 hours (GMT1100), the leu traded at 4.339/4.3405 to the euro. Elsewhere in the region, the Polish zloty was gaining 0.1% versus the European common currency, while the Hungary’s forint was trading flat.
Citește și
6 min
Vali Pencu
1 min
Liviu Popescu