Romanian Leu Opens Weaker Vs Euro, In Line With Peers
The Romanian leu opened weaker against the euro Friday, on low traded volumes, following the trend of the other currencies in the region.
The leu opened at 4.343/4.345 to the euro, compared to 4.3385/4.341 at closing the day before.
Within the first hour, the leu weakened to a low of 4.345/4.347 against the euro, but it recovered and, at around 10:15 local time (GMT0815), it was trading at 4.34/4.343 against the euro.
On Thursday, the central bank set the leu’s reference at 4.3429 to the euro, the strongest rate in five weeks. Against the US dollar, the leu’s indicative won 0.26% to 3.2421 units.
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