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Romanian Leu Up Vs Euro, Exch Rate At 4.3537

Romania’s leu edged higher against the euro in mid trade Thursday and the central bank’s reference strengthened for the first time this week to 4.3537 units, after hitting an all-time low versus the euro a day earlier.
Romanian Leu Up Vs Euro, Exch Rate At 4.3537
01 iul. 2010, 13:42, English

Against the US dollar, the leu’s indicative gained 0.5% on the day at 3.542 units.

The leu opened at 4.363/4.366 to the euro, slightly higher from 4.3665/4.3695 at Wednesday’s closing.

At around GMT1000, the leu traded at 4.35 per euro, after hitting an intraday high at 4.337 per euro.

On the money market Thursday, overnight rates fell to 5.4%-5.9% a year, from 6.3%-6.8% a year the day before.