Romanian Leu Stable Vs Euro, Exchange Rate At 4.3447
Romania’s leu moved in tight ranges against the euro by midday Wednesday and the central bank’s reference weakened modestly to 4.3447 units, from 4.3433 units a day earlier.
Against the US dollar, the leu lost 0.56% on the day to 3.3102 units.
The leu opened flat at 4.3475/4.35 per euro and gained modestly in early trade, amid investor optimism following Romania’s successful US bond issue on Tuesday.
Romania sold $1.5 billion in 10-year bonds on the US market at 6.87% annual yield in a heavily oversubscribed auction.
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