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Romanian Leu Rises Vs Euro, Exch Rate Hits New High At 4.1355

The Romanian leu advanced slightly versus the euro in mid trade Tuesday and the central bank’s reference gained 0.07% on the day at RON4.1355, a fresh eight-month high.
Romanian Leu Rises Vs Euro, Exch Rate Hits New High At 4.1355
12 ian. 2010, 13:29, English

A stronger rate, of RON4.1282 per euro, was computed on May 7, 2009.

For the US dollar, the indicative was set at RON2.8511, down from RON2.8489 on Monday.

The leu opened slightly down against the euro Monday, tracking regional currencies, and hit an intraday low at RON4.14 per euro, on growing hard currency buy orders.

It afterward returned to growth and at around GMT1100, the leu traded at RON4.1330/RON4.1355 per euro.

On the money market Tuesday, overnight rates were at 4.61%-5.11% a year, considerably down on the day.