Romanian Leu Opens Stronger Vs Euro, In Line With Peers
The Romanian leu opened Thursday on a strengthening path against the euro, in line with the positive sentiment in other markets in the region.
The leu opened at 4.355/4.357 to the euro, compared to 4.3625/4.364 at closing the day before.
Within the first hour, the leu continued to strengthen and, at around 10:10 local time (GMT0810), it was trading at 4.3455/4.3495 to the euro.
The central bank set Wednesday the leu’s reference at 4.3627 per euro, a new record low in the past 18 and a half months. Against the US dollar, the leu’s indicative lost 0.35% on the day to 3.419 units.
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