Romanian Leu Up Vs Euro, Exchange Rate At 4.3446
Romania’s leu advanced against the euro by midday Thursday and the central bank’s reference strengthened over 0.4% to 4.3446 units, from an 18 and a month low of 4.3627 units in the previous day.
Against the US dollar, the leu’s indicative won 0.34% on the day to 3.4074 units.
The leu opened up at 4.355/4.357 per euro, from 4.3625/4.364 per euro at Thursday’s closing. It further gained ground, amid improved sentiment in the region, and at around 13:00 hours traded at 4.345 per euro.
On the money market, overnight rates were flat at 1.7%-2.2% a year.
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Cristina Roșca