Romanian Leu Opens Weaker Vs Euro, Amid Market Apathy
The Romanian leu opened Wednesday slightly weaker against the euro, in a quiet market with low traded volumes.
The leu opened at 4.360/4.362 against the euro, compared to 4.3585/4,361 at closing the day before.
Within the first hour of trading, the leu continued to weaken and, at around 10:15 local time, it was trading at 4.365/4.367 against the euro.
The central bank’s reference strengthened modestly Tuesday to 4.3588 units, from a 17-month low of 4.3608 units a day earlier.
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