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Analiza ZF · Economic

Romanian Leu Opens Flat Vs Euro, In Quiet Market

The Romanian leu opened Friday roughly flat on the day, similar to the evolution of otheer currencies in the region, in a market with low traded volumes.

de Andrei Cîrchelan , Translator RO-EN 20.01.2012 · 11:20 1 min de citit

The leu opened at 4.343/4.345 to the euro, compared to 4.3435/4.346 at closing the day before.

Within the first hour, the leu saw some modest weakening and, at around 10:20 local time (GMT0820), it was trading at 4.346/4.348 against the euro.

The central bank set Thursday the leu’s reference at 4.3452 to the euro, slightly stronger on the day. Against the US dollar, the leu’s reference won almost 0.6% to 3.3699 units.

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