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Analiza ZF · Auto & Transporturi

Romanian Leu Strengthens Vs Euro, Exchange Rate At 4.2875

The Romanian leu gained further versus the euro mid-session Wednesday, and the central bank set the leu’s reference at 4.2875 units, the strongest in three months.

de Andrei Cîrchelan , Translator RO-EN 28.12.2011 · 13:59 1 min de citit

Tuesday, the central bank had announced a reference rate of 4.2972 lei per euro.

The leu opened at 4.2925/4.295 against the euro, compared to 4.2915/4.293 at closing the day before. Dealers said the leu initially lost ground, touching an early low at 4.305 per euro, before rising towards a high of 4.2825/4.284 per euro.

At 1300 local time (GMT1100), the leu traded at 4.284/4.2855 against the euro.

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