Prima pagină » English » Romania Leu In Ranges, Exch Rate Hits New Low At 4.1949 Vs Euro

Romania Leu In Ranges, Exch Rate Hits New Low At 4.1949 Vs Euro

Romania’s leu traded in tight ranges against the euro in mid session Tuesday and the central bank’s reference lost nearly 0.2% on the day to 4.1949, a new low since January 5.
Romania Leu In Ranges, Exch Rate Hits New Low At 4.1949 Vs Euro
18 mai 2010, 13:30, English

Against the US dollar, the leu’s indicative gained nearly 0.6% at 3.3819 units.

The leu opened higher against the euro Tuesday, amid a positive sentiment in the region following the euro’s appreciation versus the greenback.

The leu opened at 4.1915/4.193 per euro, from 4.198/4.2 at closing Monday and further gained ground to an intraday high at 4.1875 units.

At around GMT1000, the leu traded at 4.194/4.196 per euro.

On the money market Tuesday, overnight rates were at 5%-5.5% a year, up on the day.