Romanian Leu Opens Flat Vs Euro, Volumes Stay Low
The Romanian leu opened roughly flat against the euro Friday, amid market apathy, with low traded volumes.
The leu opened at 4.345/4.348 against the euro, compared to 4.343/4.345 at closing the day before.
Within the first hour, the leu strengthened a bit against the euro, but it soon returned to opening levels and, at around 10:00 local time (GMT0800) it was trading at 4.3457/4.347 to the euro.
The central bank set the leu’s exchange rate at 4.3398 per euro, 0.4% weaker on the day.
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