Romanian Leu Opens Slightly Up Vs Euro, Against Regional Trend

„The leu trades similar with the previous day’s closing value, in a quiet market and amid low traded volumes. The leu trend is once again different from that of the regional currencies, which are depreciating,” a dealer said.

The leu opened at RON4.2360/RON4.24 against the euro, slightly higher from Tuesday’s closing value, and touched a low at RON4.2380/RON4.2420 against the euro.

Then, at around GMT08:25, the leu was trading at RON4.2345/RON 4.2385 against the euro.

The leu closed at RON4.2390/RON4.2415 versus euro, weaker compared with Monday’s closing value of RON4.2235/RON4.2250 to the euro.

The central bank computed an exchange rate of RON4.2348 to the euro Tuesday.

On the money market Wednesday, overnight rates were at 9%-10% a year.