Romanian Leu In Ranges Vs Euro, Exchange Rate At 4.3409
Romania’s leu traded near 4.34 per euro by midday Friday and the central bank’s reference gained modestly to 4.3409 units, from 4.3422 units a day earlier.
Against the US dollar, the leu’s indicative won 0.3% to 3.3308 units, from a 15-month low of 3.3423 units Thursday.
The leu opened flat at 4.341/4.342 per euro and appreciated to an early high of 4.337 per euro, pushed by growing euro sales. It later returned to 4.34 per euro and traded in narrow ranges until midday.
On the money market, overnight rates fell to 4.6%-5.1% a year, from 5.2%-5.7% a year Thursday.
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Ștefan Stan
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Cristina Roșca
