Romanian Leu Strengthens Vs Euro Amid Falling Volumes
Romania’s leu advanced against the euro in late trade Thursday and closed 0.2% stronger on the day at 4.295/4.297 units, amid slightly lower volumes.
Wednesday, the leu closed at 4.3055/4.306 per euro.
The national currency opened flat versus the euro and traded near 4.31 units in the first half of the session. In the afternoon, the leu turned to gains and traded just shy of 4.3 to the euro until closing.
The central bank set the leu’s reference at 4.3011 per euro, a new record high since end-September. Against the US dollar, however, the leu lost almost 0.5% on the day to 3.2943 units.
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