Romanian Leu Weakens Vs Euro, Unlike Neighbors
Romania’s leu extended early losses against the euro in late trade Tuesday, unlike its peers in the region, and closed 0.3% weaker on the day at 4.3365/4.338 to the European common currency.
Monday, the leu closed at 4.323/4.325 per euro.
Elsewhere in the region, the leu’s peers were gaining up to 0.7% versus the euro Tuesday afternoon, amid a positive sentiment following upbeat consumer confidence data in Germany’s economy.
The leu opened flat against euro and further depreciated, on low volumes. However, the central bank’s reference strengthened slightly to 4.327 to the euro, from 4.3347 to the euro a day earlier.
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2 min
Ștefan Stan
1 min
Cristina Roșca
