Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute showed Thursday.
The leu opened at 4.4625 per euro, similar to 4.462/4.464 per euro at Wednesday close. After releasing the economic growth data, the national currency further appreciated at 4.455 to the euro, amid low traded volumes, however, dealers said.
At around 10:25 local time (GMT0825), the leu was trading at 4.455/4.456 versus the euro.
The central bank Wednesday set a reference rate for the local currency of 4.4619 to the euro, about 0.2% weaker on the day.
Against the US dollar, the leu’s indicative strengthened marginally to 3.3264 units, from 3.3267 units a day earlier.
On the money market Thursday morning, overnight rates were nearly flat at 0.8%-1.2% a year.