Romanian Leu Opens Stronger Vs Euro, In Quiet Market
The Romanian leu opened Thursday stronger against the euro, on low traded volumes, recovering ground lost in the previous session.
The leu opened at 4.345/4.347 to the euro, compared to 4.3515/4.3545 at closing the day before.
Within the first hour, the leu registered some minor oscillation, in line with other currencies in the region, and at 10:00 local time (GMT0800) it was trading at 4.3435/4.345 against the European coin.
The central bank set Wednesday the leu’s reference at 4.3497 to the euro, 0.5% weaker on the day. Against the US dollar, the leu’s reference lost 0.13% to 3.3892 units.
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