Romanian Leu Up Vs Euro, Exchange Rate At 4.3396
Romania’s leu gained modestly against the euro by midday Thursday and the central bank’s reference strengthened 0.16% to 4.3396 units, from 4.3467 units a day earlier.
Against the US dollar, the leu’s indicative won 1.6% on the day to 3.2991 units.
The leu opened slightly up at 4.34/4.342 per euro, from 4.344/4.347 per euro at Wednesday’s closing. It further appreciated and at around 13:00 hours traded below 4.34 per euro.
On the money market, overnight rates were at 3.6%-4.1% a year, from 3.7%-4.2% a year Wednesday.
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Cristina Roșca
