Romanian Leu Gains On Euro, Exchange Rate At 4.334
The Romanian leu continued to advance at a moderate pace against the euro by midday Monday and the central bank’s reference strengthened 0.12% to 4.334 units, from 4.3394 units in the previous session.
Against the US dollar, the leu traded at 3.302 units, barely changed on the day.
The leu opened up at 4.338/4.34 per euro, from 4.341/4.345 per euro at Friday’s closing. It further gained ground and at around 13:00 hours traded at 4.332/4.334 per euro.
Elsewhere in the region, the leu’s peers were losing around 0.6% versus the euro.
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