On Tuesday, the central bank set the leu’s reference rate versus the euro at 4.5175, up 0.52% from 4.5411 units in the last trading day of 2016.
The dollar surged on the backdrop of the decision of U.S. Federal Reserve to raise interest rates by a quarter point but also due to the measures to stimulate the economy announced by U.S. President-elect Donald Trump.
Claudiu Cazacu, X-Trade Brokers Romania chief analyst, said that the US dollar could surpass the euro in the first months of 2017, while the Romanian leu might pay the price of a deficit wider than the cautious level in relation with the economic growth.