On Monday (Feb 24), the leu appreciated slightly after tumbling to 4.8026 against the euro on Friday (Feb 21). On Thursday (Feb 20), the leu touched a new all-time low, standing at 4.7834 units per euro.
The national currency gained slightly against the US dollar on Tuesday (Feb 25), reaching 4.4355 units, from 4.4395.
The price of gold fell to RON236.04 from a record high of RON240.46.
The depreciation trend of the national currency has accentuated over the past days amid political instability and coronavirus fears on global financial markets. The Romanian central bank has managed to reverse the depreciation trend of the leu through its interventions at the end of 2019.
Outgoing finance minister Florin Citu recently said the depreciation of the leu is corelated with the depreciation of other currencies in the region, triggered by movements of international flows.