Euro zone finance ministers approved a second external financing agreement for Greece, worth EUR130 billion, accompanied by a scheme to remove over EUR100 billion from the country’s debt.
Romania’s leu opened at 4.355/4.3575 against the euro, compared to 4.3515/4.3545 at closing the day before.
Within the first hour of trading, the leu held its ground against the European coin.
The central bank’s reference rate was virtually unchanged at 4.3535 per euro, from 4.3533 per euro Friday. However, against the US dollar, the leu’s exchange rate gained 0.6% to 3.2903 units.
On the money market, overnight rates inched up to 2%-3% a year.