Romanian Leu Weakens Slightly Vs Euro, On Low Volumes
The Romanian leu weakened slightly against the euro in early trade Tuesday, on low transferred volumes, while the other currencies in the region were stable.
The leu opened at 4.337/4.339 per euro, slightly stronger than 4.339/4.34 per euro at Monday’s closing.
It strenghtened to an early high of 4.3355 units, but later changed trend on euro buy orders. At around 10:00 local time (GMT0800), the leu traded at 4.34/4.342 per euro.
On Monday, the central bank set the leu’s reference rate at 4.334 to the euro, slightly stronger than 4.3394 to the euro the day before.
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