Basically, compared with December 30, 2022, the leu lost only 0.5% against the euro.

The leu/euro exchange rate was down 0.01% on Friday compared with Thursday’s RON4.975/EUR.

The national currency has been steady throughout the year, at around RON4.9/EUR, with rare exceptions when it temporarily fell to RON4.88-RON4.89/EUR.

The state budget for 2024 is built on an estimated exchange rate of over RON5/EUR.

Meanwhile, the US dollar appreciated by 0.5% on Friday from Thursday’s level, with the year-end rate at RON4.49/USD.

Compared with the end December 2022, the exchange rate closes 2023 down almost 3%. According to central bank data, on December 30, 2022, the leu stood at 4.63 units to the dollar.

(English version by Loredana Fratila-Cristescu)