Romanian Leu Weakens Vs Euro, Exchange Rate At 4.3347
Romania’s leu lost early gains versus the euro by midday Monday and the central bank’s reference weakened slightly to 4.3347 units, from 4.3322 units in the previous session.
Against the US dollar, the leu’s indicative lost over 1% on the day to 3.4245 units, the lowest rate since July 2010.
The leu opened flat at 4.337/4.34 per euro and further gained ground, hitting an early high of 4.3295 per euro. It later turned to losses and at around 13:00 hours traded slightly below 4.34 per euro.
On the money market, overnight rates were flat at 1.75%-2.25% a year.
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