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Romania Leu Rises Vs Euro, Exch Rate Hits 14-Mo High At 4.0801

The Romanian leu extended early gains against the euro in mid trade Thursday and the central bank’s reference strengthened 0.05% on the day to a 14-month peak at RON4.0801 versus the European currency.
Romania Leu Rises Vs Euro, Exch Rate Hits 14-Mo High At 4.0801
18 mart. 2010, 13:41, English

A stronger rate, of RON4.072 per euro, was set on January 7, 2009.

For the US dollar, the Thursday indicative reached RON2.9817, 0.7% weaker on the day.

The Romanian leu traded in tight ranges against the euro Thursday morning, with shy gains after the opening bell, whereas its peers in the region started to retreat on renewed worries about Greece’s financial situation.

The leu opened at RON4.080/RON4.082 per euro, a tad lower from RON4.0775/RON4.08 a day earlier.

At around GMT1100, the leu traded at RON4.0775/RON4.0790 to the euro.