Romanian Leu Moves Higher Vs Euro On Growing Volumes

The leu closed at 4.336/4.338 per euro, from 4.3415/4.343 per euro Thursday.

Elsewhere in the region, the Polish zloty was gaining 0.7% versus the euro, but the Hungary’s forint retreated 1% after the International Monetary Fund and the EU broke off talks on a bailout package because of government’s intention to merge the central bank with the national financial regulator.

The leu opened flat at 4.341/4.342 per euro touched the day’s high of 4.336 per euro in the second half of the session.