Romanian Leu Opens Stronger Vs Euro, In Pre-Holiday Trading

The leu opened at 4.293/4.295 against the euro, comapred to 4.295/4.297 at closing the day before.

Within the first hour, the leu continued to strengthen and, at around 10:00 local time (GMT0800), the leu was trading at 4.2915/4.293 to the euro.

The central bank set the leu’s reference at 4.3011 per euro, a new record high since end-September. Against the US dollar, however, the leu lost almost 0.5% on the day to 3.2943 units.