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Romanian Leu Hits Fresh All Time Low At RON4.3025 Vs Euro

The Romanian leu touched a new all-time low on Tuesday, as the central bank computed an indicative rate of RON4.3025 to the euro.
Romanian Leu Hits Fresh All Time Low At RON4.3025 Vs Euro
20 ian. 2009, 13:24, English

The previous historical low versus the European currency was reached on January 13, when the central bank published an exchange rate of RON4.2985 against the euro.

The leu lost ground Tuesday, despite the central bank’s indirect interventions to limit the currency’s depreciation, a dealer said.

On the forex market, at around 1100 GMT, the leu was traded at RON4.3250/RON4.3290 to the euro.

the leu opened at RON4.3180/RON4.3210 against the euro Tuesday morning, weaker than Monday’s closing value of RON4.2990/RON4.3000 versus the euro.