The leu closed at 4.2225/4.225 against the euro, slightly stronger than 4.2265/4.2285 at closing the day before.

It opened at 4.22/4.222 per euro, and touched an early high at 4.216 per euro.

Later, the leu erased the gains and traded above 4.22 to the euro, and touched the day’s low at 4.231 units in mid-trade. In the second part of the session, Romania’s currency switched trend again, on euro sales made by foreign players.

The leu touched the day’s half an hour before closing time at 4.212 to the euro.

The central bank set the leu’s reference rate at 4.2294 to the euro, 0.5% stronger on the day.

On the money market, overnight rates continued to drop, reaching 2.2%-2.7% a year, from 2.6%-3.1% a year in the previous session.

Subiecte #EURO#LEU