On Monday (Nov 25), the day after the second round of presidential elections, the leu appreciated slightly versus the euro, reaching 4.7722 per euro. The data on the budget revision and the budget deficit, released Tuesday (Nov 26), impacted the exchange rate, causing the leu to drop to 4.7765 units per euro.
The leu touched an all-time low of 4.7808 to the euro on Thursday (Nov 21).
The national currency started its downward trend against the euro in September 2019, which accentuated in the past three weeks.
Against the US dollar, the leu also depreciated on Wednesday, as the reference rate was set at 4.3422, from 4.3356 on Tuesday and 4.3325 on Monday, respectively