Gandul
A lower indicative was computed by the central bank on November 1, 2004, at RON4.0807 to the euro.
On the forex market, the leu opened at RON4.0430/4.0460 against the euro, stronger than Tuesday’s closing value of RON4.0655/RON4.0690 to the euro.
Afterwards, the currency lost ground significantly. At around 1100 GMT, the leu was trading at around RON4.0810/RON4.0860 against the euro.
On the money market, overnight interest rates were at 12.64%-13.66% on the year, while weekly rates were at 13.36%-14.52%.