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Romanian Leu Dn Vs Euro, Exch Rate At RON4.0720

The Romanian leu depreciated Wednesday against the euro, trading at around RON4.08 to the euro in mid trade, and the central bank computed an indicative of RON4.0720, a fresh low in four years and two months.
Romanian Leu Dn Vs Euro, Exch Rate At RON4.0720
07 ian. 2009, 14:11, English

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%.