The leu gained 0.07% on Monday from 4.7729 on Friday (Nov 22), after touched an all-time low of 4.7808 against the euro on Thursday (Nov 21).
The leu has kept depreciating versus the euro over the last two weeks. The leu started its downward trend against the euro in September 2019. Previously, the national currency had touched an all-time low of 4.7648 per euro on January 25, 2019.
Against the US dollar, the leu depreciated, as the reference rate was set at 4.3325 on Monday, from 4.3160 units on Friday.
The three-month money market interest rate stayed at 3.00%, while the six-month ROBOR was flat at 3.09%.
Incumbent Romanian President Klaus Iohannis comfortably won the the country’s presidential elections run-off on Sunday, gaining almost two thirds of the vote against social-democrat leader Viorica Dancila. According to results centralized by Romania’s Central Electoral Bureau, with 99.67% of votes counted, Klaus Iohannis obtained more than 6.4 million votes, or 65.88%, while his opponent Viorica Dancila only 34.12% of the votes. After the final results are confirmed, Klaus Iohannis will be officially validated for a new five-year term in office.