Romania Ctrl Bk Intervenes On Forex Mkt To Support Leu

Shortly after the central bank’s intervention, the leu appreciated to RON3.7600 against the euro, from RON3.8260-RON3.8350.

"There was a central bank intervention on the market at around 0730 GMT, as the leu couldn’t have appreciated through indirect purchase orders," a dealer said.

The central bank computed Friday an indicative daily average rate of the leu at 3.7690 to the euro, stronger than Thursday’s 3.8249.