Romanian Leu Falls Vs Euro In Quiet Market
Romania’s leu weakened against the euro amid a quiet market Wednesday and closed 0.35% lower on the day, despite a positive sentiment in the region after the International Monetary Fund announced plans to raise its reserves to better help struggling economies.
The leu closed at 4.3515/4.3545 per euro, from 4.3365/4.338 per euro Tuesday.
The national currency opened slightly higher on the day at 4.334/4.335 per euro, but later lost ground, hitting the day’s low of 4.354 per euro.
The central bank set the leu’s reference at 4.3497 to the euro, 0.5% weaker on the day. Against the US dollar, the leu’s reference lost 0.13% to 3.3892 units.
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