Romanian Leu Up Vs Euro, Exchange Rate At 4.3587
Romania’s leu advanced versus the euro by midday Monday and the central bank’s reference strengthened modestly to 4.3587 units, from a 17-month low of 4.362 units in the previous session.
Against the US dollar, the leu’s indicative won 1.08% on the day to 3.2569 units.
The leu opened up at 4.357/4.360 per euro, from 4.362/4.3645 at Friday’s closing, and traded just shy of 4.36 per euro in the first half of the session.
Elsewhere in the region, the leu’s peers posted more visible gains versus the euro, amid reports that the European leaders are considering new measures to contain the sovereign debt crisis.
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