Romanian Leu Up Vs Euro, Exchange Rate At 4.3525
Romania’s leu gained modestly against the euro by midday Thursday, amid low volumes, and the central bank’s reference strengthened 0.12% to 4.3425 units, from 4.3577 units a day earlier.
Against the US dollar, the leu’s indicative inched higher to 3.2557 units, from 3.2548 units Wednesday.
The leu opened down at 4.3565/4.3585 per euro, from 4.354/4.3555 per euro at Wednesday’s closing. It further gained ground, and hit an early high of 4.35 per euro.
On the money market, overnight rates rose to 5.6%-6.1% a year, from 1.9%-2.4% a year in the previous day.
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Ștefan Stan
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