Romanian Leu Opens Weaker Vs Euro, In Apathetic Market
The Romanian leu opened Thursday weaker against the euro, on low traded volumes, as euro purchase orders placed by banks maintained the leu on a weakening pattern.
The leu opened at 4.33/4.332 against the euro, compared to 4.3225/4.324 at closing the day before.
Within the first hour, the leu continued to weaken and, at around 10:00 local time (GMT0800) it was trading at 4.3355/4.3385 to the euro.
The central bank set the leu’s reference rate at 4.3219 per euro Wednesday.
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