Romanian Leu In Ranges Vs Euro, Exchange Rate At 4.3505
Romania’s leu traded near 4.35 per euro by midday Wednesday and the central bank’s reference strengthened modestly to 4.3505 units, from 4.3534 units a day earlier.
Against the US dollar, however, the leu’s reference weakened to 3.2504 units, from 3.2486 units in the previous session.
The leu opened at 4.3515/4.3545 per euro, from 4.3505/4.3535 per euro at Tuesday’s closing, and traded in narrow ranges in the first half of the day.
On the money market, overnight rates inched up to 5.6%-6.1% a year, from 5.5%-6% a year the day before.
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