Romanian Leu Opens Roughly Flat Vs Euro, On Low Volumes

The leu opened at 4.341/4.342 against the European coin, very close to 4.3415/4.343 at closing the day before.

Within the first hour, the leu continued to strengthen and, at around 10:00 local time (GMT0800), it was trading at 4,3383 – 4,3395 against the euro.

The central bank set Thursday the leu’s reference at 4.3422 to the euro, slightly weaker on the day. Against the US dollar, the leu’s indicative dropped for the fifth session in a row to 3.3423 units, the lowest rate since September last year.