Romanian Leu In Ranges Vs Euro, Exchange Rate At 4.3497
Romania’s leu moved around 4.35 per euro by midday Tuesday and the central bank’s reference weakened 0.2% to 4.3497 units, from 4.3409 units a day earlier.
Against the US dollar, the leu’s indicative lost 0.8% on the day to 3.2955 units.
The leu opened down at 4.351/4.353 per euro, from 4.3475/4.35 per euro at Friday’s closing, and traded in narrow ranges for the first half of the day.
On the money market, overnight rates dipped to 5.5%-6% a year, from 5.6%-6.1% a year Monday.
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Bogdan Alecu
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Ziarul Financiar