Romanian Leu Stable Vs Euro, Exchange Rate At 4.3422
Romania’s leu traded in tight ranges against the euro by midday Thursday and the central bank’s reference weakened modestly to 4.3422 units, from 4.3415 units a day earlier.
Against the US dollar, the leu’s indicative dropped for the fifth session in a row to 3.3423 units, the lowest rate since September last year.
The leu opened slightly lower to 4.346/4.349 per euro, from 4.344/4.346 per euro at Wednesday’s closing and traded near 4.34 per euro in the first half of the day.
On the money market, overnight rates were at 5.2%-5.7% a year, from 5.4%-5.9% a year Wednesday.
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